Petroleum Fund launches new equities mandates

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NORWAY - The NOK803bn Government Petroleum Fund is seeking new external active managers for its emerging market equity and global equity portfolios.

The fund has 40% invested in equities globally with 39 mandates amounting to $21.2 bn (NOK144.5bn) managed by 17 different managers. Bengt Enge, senior portfolio manager said: “We are planning to ...

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