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Norway's Petroleumfund outsources new equity mandates

The Norwegian government's Nkr357bn (€44.5bn) petroleum fund is inviting tenders for enhanced indexing, active sector specialists and active small-cap mandates for an initial sum of $850m (€984.91m).

The enhanced indexing investments will have an initial funding of $500m and will include regional mandates such as the Americas, Europe and Asia/Pacific. The deadline for submissions of interest is January 7 2001.

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