Norwegian university tenders for asset manager

A Norwegian university foundation is looking to hire a manager for its NOK 592 million (EUR 61 million) investment portfolio.

The University of Bergen’s Unifond is looking to hire an asset manager as the five-year contract, awarded in 2012, with its incumbent manager Storebrand is running out. The foundations’ strategic allocation stands at 60 per cent equities and 40 per cent
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