Norwegian Government Petroleum Fund, Oslo, is searching for an unspecified number of active and passive fixed-income managers. Allocations per manager will range from $100 million to $1 billion, according to a statement published by Norges Bank Investment Managers, which manages the 547 billion kroner ($60.7 billion) fund. The mandates will be for various regions and sectors and are expected to include corporate bonds.
Details will be available on the Norges Bank website, www.norges-bank.no, by this weekend. Proposals are due Jan. 15.
Further details were not available, and Knut Kjaer, executive director, could not be reached for comment.