Tue, Sep 16, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Norway’s SWF-world’s largest equities investor - goes back to market

Posted on 30 October 2012

Norway’s $650 billion Government Pension Fund Global, the world’s largest sovereign fund, is now buying stocks amid a falling market. “We can stomach buying more equities in falling markets,” Paal Haugerud, head of the Finance Ministry’s asset management unit, said in an October 18 interview in Oslo to Bloomberg. “Short-term volatility is of lesser importance for a truly long-term investor.”
The decision comes in an effort to rebalance by buying stocks when markets are falling. According to Bloomberg, the process will be triggered when the fund’s stock weighting deviates more than 4 percentage points from its 60% mandated level at the end of a month………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14746 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930