New mandates for management of equity portfolios in the Government Petroleum Fund
Norges Bank Investment Management is today announcing new external active mandates for the Government Petroleum Fund. The new mandates again represent NBIM Equity’s sector approach, and are specialist mandates for stocks in specific sectors.
The mandates will be awarded in the sector broadly defined as industrials, and covering both energy and traditional manufacturing. They will thus complement the mandates in technology, telecoms, financials and healthcare that were awarded last year.
The combined value of the new mandates will probably be over NOK 10 billion.
Further information is provided on Norges Bank’s website under Petroleum Fund.
Managers interested in tendering should visit the tendering page http://nbim.ipe-quest.com.
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