Swedish AP1 has appointed Hermes to manage global high yield credit mandate
Hermes Investment Management has been appointed to manage a USD 400 million (EUR 338.9 million) global high yield credit investment mandate by AP1, one of the five buffer funds in the Swedish pension system.
Niklas Tell 2017-10-20
Earlier this year, AP1 concluded a procurement process for high yield credit and released the names of 12 managers that had been chosen to run the mandate. However, the buffer fund said at the time that funding decisions would be made separately at a later
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