Finding Diamonds in the Rough

Pension Funds have to be very careful in picking fund managers - they often invest for the long haul and compounding returns are great if the returns are good, but the lost opportunity is painful if money is left on the table every year. Sweden's AP1, which manages 366B SEK (39B USD), has developed a robust and mature approach to selecting the best managers and I sat down with Majdi Chammas, Head of Equities at their External Partnership and Innovation team to dig into what matters to them and why.