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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Norway fund lifts Aussie debt holdings, raises BHP stake

Posted on 13 March 2013

Norway’s sovereign wealth fund, the world’s largest, almost doubled its investments in Australian bonds and equities last year, boosting sovereign debt fourfold and adding provincial debt securities.
The 4.08 trillion kroner ($715 billion) Government Pension Fund Global held 18.1 billion kroner of Australian federal government securities as of Dec. 31, according to a report released on March 8, up from 4.11 billion kroner a year earlier……………………………………….Full Article: Source


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