26.01.2010 - Norwegian fund could go hunting for 'exotic betas'
From Pionline.com: Officials at the 2.59 trillion Norwegian kroner ($458 billion) Government Pension Fund-Global will consider a proposal to overhaul the Oslo-based fund's benchmarks into ones that mimic active strategies, a move that eventually could cut the need for external active managers. Martin Skancke, director general of asset management at Norway's Ministry of Finance, said it was too early to say how revamping the benchmarks would affect external managers, but warned that the proposal won't be implemented any time soon, and that it could include use of some active strategies......................Full Article: Source