18.06.2012 - Fund managers target Nordics’ €1 trillion of savings
The Scandinavian savings market – worth close to €1 trillion if all state sovereign, insurance and pension funds are considered – is a prize target for those international fund managers who can crack it. The same trend is visible among the region’s giant state funds. Norway’s €463bn Government Pension Fund, which despite its name, is an oil-funded sovereign wealth pool with no specific pension liabilities, has been steadily bringing more and more of its fixed-income management in-house since 2008...............................................Full Article: Source
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