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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

State Street to administer Norway-Global’s property exposure

Posted on 20 May 2010

From IPE: Norges Bank Investment Management has hired State Street to provide fund administration services for the Norway Government Pension Fund’s planned real estate allocation.

State Street will provide administration, accounting and director services for all of the fund’s property investments, which have yet to be built up following new rules enabling it to invest in the asset class, limited to 5% of its NOK2.76trn (€347bn) total assets under management……………………………………..Full Article: Source


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