AP1 won’t hire replacements for departing fund selector duo

Key senior figures in the external management division have been recruited by the Swedish Fund Selection Agency. AP1 will focus on allocating more to internal resources.

Photo: AP1/PR

The EUR 44bn First National Pension Fund (Första AP-fonden, AP1) in Sweden has decided not to hire replacements for Majdi Chammas and Tina Rönnholm, a fund spokesperson tells AMWatch.

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