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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Europe’s top pension fund axes managers

Posted on 01 June 2009

From WSJ: The EUR232 billion ($327 billion) Norwegian Government Pension Fund has also created a raft of senior investment positions as part of an effort to improve performance.

The fund has dropped 16 of its 22 fixed-income managers since the start of last year, according to its website, including this year, European Credit Management, Insight Investments and U.S. group Smith Breeden & Associates, all of which declined to comment…….Full Article (Subscription Required): Source


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