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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Norway’s Govt Pension Fund reduces its exposure to India

Posted on 30 March 2012

Norway’s Government Pension Fund, the world’s second largest sovereign fund with around USD 600 billion worth of assets under management has scaled down its exposure to Indian equities.
In its annual report, Norway’s Government Pension Fund has said that it has reduced its exposure to Indian equities into 2011. It has cut investments in Indian stock from 246 companies in 2010 to 122 companies in 2011. Its total investment in India also fell to around USD 1.8 billion from USD 3.5 billion in 2010………………………………………..Full Article: Source


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