The Fourth Swedish National Pension Fund (AP4)

AP4 announces search for external equity mandates

Press Release   •   Apr 09, 2002 10:46 GMT

Fjärde AP-fonden (the Fourth Swedish National Pension Fund) has, in the beginning of April, announced two external equity mandates in EU´s central public procurement database, Tender Electronic Daily.

Both mandates concern active management of Asian equities, where one mandate covers Japanese equities and the other Asian equities excluding Japan. The total value of assets to be invested, for the mandates combined, will be in the range of 500 to 600 MUSD. The mandates might be split between several managers.

The procurement of these active, external mandates is a part of Fjärde AP-fonden´s strategy to increase risk-adjusted excess return against the fund´s benchmark.

For questions concerning these mandates, please contact:

Björn Linder, Chief Investment Officer

+46-8-787 75 53

Björn Danckwardt-Lillieström, Head of Equities

+46-8-787 75 15

The Fourth Swedish National Pension Fund (AP4) is a government agency. AP4's brief is to manage Fund capital for the best possible return over time and thus support the stability of the pension system.