NBIM to open in Singapore
Norges Bank Investment Management (NBIM), the manager of the $435.5 billion Norwegian Government Pension Fund, has announced plans to open a Singapore office to complement its current Asian presence in Shanghai.
According to NBIM, the Government Pension Fund now has almost 10% of its assets in Asia, some $43 billion. The fund does not currently invest in private equity, but recently gained a mandate to invest...
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