AMWatch

AP1 looks for new EM small cap managers

The buffer fund currently uses Somerset Capital and William Blair in the asset class, both of which are welcome to bid in the new tender process.

It is common policy to review and re-tender investment mandates every few years in the financial industry. With that in mind, AP1 has published on its website that time has come to launch a new tender process for a USD 730m emerging market small-cap mandate.

The fund currently uses Somerset Capital and William Blair to manage investment in emerging market small-caps, a spokesperson for the fund tells AMWatch.

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