AP7, Stockholm, hired one new firm and rehired two others to manage a combined 35 billion Swedish kronor ($3.3 billion) active global equity allocation, a spokesman confirmed.
The selected managers — BlackRock, Northern Trust Asset Management and AQR Capital Management —will run global long-only multifactor strategies.
The spokesman said that AQR is a new manager for AP7, while Blackrock and Northern Trust were rehired.
Further details could not be immediately learned.
An RFP was issued in April 2022.
The pension fund has 900 billion Swedish kronor in assets.