Assuranceforeningen Skuld, a Norwegian marine insurer, has appointed fund manager State Street Global Advisors to manage $330m (€270m) of its insurance portfolio.

The Boston-based fund manager will manage the majority of Skuld's multi-asset portfolio, comprising $220m in fixed income, $100m in global equities and $10m in commodities.

Norwegian insurer hires State Street for $330m

Jason Corcoran

State Street

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