AP2, Goteborg, Sweden, will issue an RFP this week for a global bond manager, according to the 182.5 billion Swedish krona ($26 billion) fund's website.
“The notice for the (search) will be published within the next few days,” an AP2 spokeswoman confirmed in an e-mail response to questions. No further information was available about the search.
A news release issued today about the fund's midyear returns states that the fund raised its corporate credit allocation but did not provide details.
Separately, the fund returned 6.4% on investments in the six months ended June 30. Active in-house management of Swedish equities, international bonds and currency helped the fund outperform its custom benchmark by 10 basis points, according to the release.
The fund's complete six-month report will also be available on its website, http://www.ap2.se, later this week.