Sweden's third national pension fund, AP3, has put a $150m (£104m) US corporate bond mandate out to tender and according to a spokesperson for the fund, more active equity mandates are likely to be awarded later this year.
According to the fund, the US bond brief will be worth at least $150m, although the exact size of the mandate has yet to be determined. The mandate’s benchmark will be the Merrill Lynch Global Larg...
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