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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Norway oil fund cuts France, Spain holdings further

Posted on 05 November 2012

Norway’s $660 billion sovereign wealth fund cut its exposure to Europe’s troubled economies further in the third quarter, buying into global shares instead as it rode a global stock market rally.
The oil fund, one of the world’s biggest investors, said it had cut its exposure to government debt in France, Spain and Britain, and continued to keep minimal or no exposure to Greece, Ireland and Portugal, it said………………………………………..Full Article: Source


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