Norway

NORWAY - The approximately NOK20bn Oslo Pensionsforsikring is on the verge appointing money managers for just over NOK3bn worth of global equity mutual funds.

NORWAY - Norske Stadsbaner (NSB), the Norwegian State railway, and Aberdeen Celexa Property Investors Nordic Region have jointly created a new property investment management firm.

NORWAY - The NOK1.4bn Norwegian Larvik Kommunes Primæroppgavefond (Larvik local authority surplus fund) is prepping itself for a potential first foray into hedge funds.

NORWAY - The possible merger of Norway's State pension fund with the country's largest life pensions company could result in the tendering of billions of kroner.

NORWAY - Anglo-Norwegian engineering group, Kvaerner, has proposed a share issue of NOK 1.5bn-NOK 2bn, following consultation with its largest shareholders and lenders, including the NOK11.7bn state pension fund (Folketrygdfondet).