Kazakh central bank fund seeks advisers on managing $110bn reserves

national-bank-of-kazakhstan-nbk

Kazakhstan's National Investment Corporation (NIC), a sovereign wealth fund managed by the country's central bank, is looking to appoint consultants to help it pick external investment managers to manage around $110 billion of the country's wealth.

The NIC manages Kazakhstan's foreign reserves and says it is aiming to become one of the world's largest institutional investors in alternative assets. The consulting mandate will also cover the $80 billion Kazakh National Fund, a domestic

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