Invitation to tender

Norges Bank Investment Management awards investment mandates to equity managers.

Areas where we award equity mandates to specialists

  • Specific countries in emerging or frontier markets
  • Small-cap companies in specific countries in developed markets
  • Sector specialist mandates

The equity mandates are long-only investments in listed equities. We consider start-up products and mandates without a track record.

The typical initial funding for each mandate is USD 50-300 million.

This is an open invitation to tender and there is no deadline for submission. Please be advised that due to the significant volume of tender applications, we are unable to respond individually to each application. However, every submitted application will be reviewed and those of priority will be contacted.

Mandates we are currently searching for

Emerging markets:

China offshore, China onshore, Taiwan, India, Indonesia, Malaysia, Thailand, Philippines
Saudi Arabia, GCC, Egypt, Morocco, South Africa
Russia, Croatia/Hungary/Czech, Poland, Israel, Greece
Brazil, Mexico, Chile, Colombia/Peru

Emerging companies/Small Caps in:

Japan, South Korea, Australia, New Zealand, Singapore
France, Germany, Italy, Spain/Portugal, Belgium/Netherlands, Switzerland
Healthcare, Technology, TMT

Mandates not considered

We do not consider mandates in non-listed and private equity, option strategies, balanced strategies, convertibles and fund of funds.

Submit application


Please fill out this Questionnaire (Word) and the Portfolio holdings Q13 (Excel)

Send the application to [email protected].

State the name of your firm and the mandate you are applying for in the subject heading of the e-mail.

Please note

Please do not include Norges Bank Investment Management on performance updates or other distribution lists.

Last saved: 27/02/2019