AP1 seeks managers for emerging and frontier equities
By Thao Hua | January 2, 2013 12:54 pm
AP1, Stockholm, issued an RFP for emerging and frontier markets equity managers to run a total of about 22 billion Swedish kronor ($3.4 billion) in assets, according to a procurement notice published on the fund's website.
The 221 billion Swedish kronor fund is increasing the allocation to active emerging markets equity managers, as well as increasing exposure to emerging markets small-cap stocks and frontier equity markets, according to the notice.
Specific strategies that AP1 is targeting are global emerging markets equities; global frontier markets equities; combined global emerging and frontier markets equities; global small-cap equities; regional emerging markets equities strategies covering Asia, Latin America and Europe, Middle East and Africa; and regional frontier markets equities strategies covering Asia and Africa.
Further information can be obtained from AP1's website. Proposals are due Feb. 10.
Fund spokesman Ossian Ekdahl could not be reached by press time for further information.