AP1 to seek managers for European small caps

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SWEDEN - Exclusive: Första AP-fonden, the First Swedish National Pension Fund, is to search for at least three managers for an initial foray into active European small-caps at the start of next year.

The move is part of a broader remit to activate parts of the fund where it will add value and holds the portion of overseas equities (Europe, North America and Asia-Pacific) to 40%, inline with the...

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