AP7 tenders for European equities manager

clock •

SWEDEN - Sjunde AP-fonden (AP7), the seventh Swedish National Pension Fund has tendered for an active European equities manager to replace CDC IXIS Asset Management, terminated by the fund in November.

The mandate is valued at approximately SEK2.2bn (e245.4m) and will be benchmarked against FTSE All World Europe Index with an expected excess return of 1-2% a year. CDC IXIS lost the brief on th...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Sweden

Sweden

AP1 delivers 1.4% in first half

SWEDEN - Första AP-fonden (AP1) returned SEK 3bn ($463bn) after expenses in the first half of 2011, representing a return of 1.4%.

Chris Panteli
clock 05 September 2011 •
Sweden

One-third of Nordic investors to increase hedge fund exposures

NORDICS - Nordic investors are continuing to show optimism in hedge funds with nearly a third planning to increase their exposure this year to strategies like global macro, event driven and long/short funds, a new report shows.

Raquel Pichardo-Allison
clock 15 August 2011 •
Sweden

AP4 hunts for global equity managers

SWEDEN - Swedish pension buffer fund AP4 is looking for up to three passive global equity managers.

Raquel Pichardo-Allison
clock 06 July 2011 •
Trustpilot