Sections

Sweden's AP2 loses head of external equity to State Street think tank

Related images

  • Boston

Related Categories

The head of external equity managers at AP2 has departed the Swedish buffer fund for a US-based think tank.

Mimmi Kheddache-Jendeby joined the Center for Applied Research (CAR), State Street’s think tank, earlier this month and will be vice-president and senior research strategist.  

She graduated from the University of Gothenburg in 2003 with a masters in industrial and financial economics and was hired immediately by AP2, only leaving in early January.

Kheddache-Jendeby spent several years at the fund as portfolio manager for external mandates and was most recently head of equity for external managers.

A spokeswoman for AP2 confirmed that the buffer fund had filled the vacancy with an internal appointment but declined to name the replacement.

The fund has more than SEK280bn (€30.5bn) in assets and employs external managers for global equity and credit strategies, emerging market sovereign debt and some of its alternative mandates – including its holdings in Chinese A shares.

In 2014, it overhauled the way in which it manages its emerging market holdings, bringing a majority of the mandates in-house.

CAR, which was established in 2011, conducts primary and secondary search projects spanning several years.

It has partnerships with the Boston University Center for Finance, Law & Policy and Tufts University, which is home to the Fletcher Network for Sovereign Wealth and Global Capital.

Read about how AP2 and other leading investors are lowering the carbon footprint of their portfolios

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2488

    Asset class: Euro Investment Grade (Enhanced) Passive ESG Credits.
    Asset region: Europe.
    Size: EUR 500 to 600 million.
    Closing date: 2019-01-10.

  • DS-2497

    Closing date: 2019-01-09.

  • QN-2498

    Asset class: Fixed Income Investment Grade.
    Asset region: Global Developed Markets.
    Size: $50m.
    Closing date: 2019-01-07.

  • DS-2499

    Closing date: 2019-01-02.

  • DS-2500

    Closing date: 2019-01-10.

Begin Your Search Here