#Latest news with #PauliMortensenBloomberg4 days agoBusinessBloombergNorway Wealth Fund Building Liquidity Tool to Rank Bond DealersNorway's $1.8 trillion sovereign wealth fund is building tools to rank its bond dealers as it seeks out the best liquidity across global fixed-income markets. Norges Bank Investment Management is working on proprietary models that would identify which bank or other market maker is likely to offer it the best pricing on a given transaction, said Pauli Mortensen, the fund's global co-head of fixed-income trading. His team is looking at data from historic trades with its counterparties to examine the market impact of those transactions, he said.
Bloomberg4 days agoBusinessBloombergNorway Wealth Fund Building Liquidity Tool to Rank Bond DealersNorway's $1.8 trillion sovereign wealth fund is building tools to rank its bond dealers as it seeks out the best liquidity across global fixed-income markets. Norges Bank Investment Management is working on proprietary models that would identify which bank or other market maker is likely to offer it the best pricing on a given transaction, said Pauli Mortensen, the fund's global co-head of fixed-income trading. His team is looking at data from historic trades with its counterparties to examine the market impact of those transactions, he said.