AP1, Stockholm, is searching for active Japan and Asia-Pacific equity managers to run a total of 500 million euros ($536 million), said Nadine Viel Lamare, director of public relations. The search is the first stage of the 14 billion euro schemes move into active externally managed equities, Ms. Lamare said. Funding will come from reducing a passive global equity fund run by Barclays Global Investors; the size of that account was not available. A selection is expected by September. Mercer Investment Consulting will assist.