AP1, Stockholm, is searching for emerging markets small-cap equity managers to run a $730 million allocation, a spokeswoman confirmed.
The 432 billion Swedish kronor ($49 billion) pension fund, as part of its investment process, tenders all mandates periodically.
AP1 will decide on the number of managers that will be selected based on the result of the search and the size of the allocation when the search is complete. The allocation is tactically adjusted. Information on the allocation's current managers could not be immediately learned.
To apply, managers should complete an online questionnaire. Registration is required.
Applications should be sent by Nov. 30. All of AP1's existing managers can rebid.
AP1 also wants applicants to update their strategies in the eVestment database.