Tue, May 26, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Trends

Comment: Lessons to be learned from Norway

Posted on 22 April 2013

“Money makes money” and “when it rains it pours” are two old phrases that come to mind when reading about the financial performance of Norway’s sovereign wealth fund. The Norwegians found a whole lot of oil many years ago. They invested the proceeds in a state fund, which is now the largest of its kind in the world. It is now worth 3.8tn krone (€512 billion).
And last year, its second best performance ever, it rose by 13.4 per cent. The fund’s investments in shares jumped by 18.1 per cent last year on the back of a global stock market boom………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16315 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
M T W T F S S
« Apr    
 123
45678910
11121314151617
18192021222324
25262728293031