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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Not even Norway?

Posted on 04 June 2012

Norway, what happened? Along with Sweden, Norway and the other Scandinavian countries were expected to be lights among the darkness that is the Euro Zone. After all, Denmark, Finland, Norway and Sweden have on primary advantage: They’re not Euro Zone members.
“We love the investment opportunities in Norway and the Scandinavian area in general,” Street One Financial President Scott Freeze told Benzinga in an interview. “Specific to Norway - they are one of the top oil exporters in the world, have the second highest sovereign wealth fund, and the highest standard of living in the world. They have very low unemployment and are not part of the euro, so they give you the ability to get European exposure without having exposure to the euro.”………………………………………..Full Article: Source


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