Norwegian fund "might" outsource new bond brief

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Norway's government oil fund, the NOK425bn (EUR54bn) Statens Petroleumsfond, is venturing into non-government bonds for the first time next year and may also be restructuring its equity portfolio.

The Norwegian Ministry of finance approved the bond move in its revised national budget for 2001. Norges Bank Investment Management, which handles the account, said that the amount to be transfe...

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