Norwegian Government Petroleum Fund, Oslo, will be allocating from $100 million to $1 billion each to a variety of active and passive fixed-income managers, 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. The number of managers to be hired has not been determined.
Further details were not available, and Knut Kjaer, executive director, could not be reached for comment.
