AP7 Selects Three Managers To Run Global Equity Multi-Factor Mandates

AP7 has selected BlackRock, Northern Trust Asset Management and AQR Capital Management to run discretionary investment management mandates for its global equity portfolio, with a total allocation of around USD3.5 billion. The firms will be responsible for implementing global long only equity multi-factor strategies, providing exposure to factors such as value, quality, momentum and low volatility.