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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Norway’s $780 bln sovereign wealth fund set for a review

Posted on 06 August 2013

Erna Solberg, the leader of Norway’s Conservative Party and current leader in the polls ahead of next month’s general elections, has said that the country’s $740 billion sovereign wealth fund must be reviewed and rearranged in a more competitive model that will boost returns.
Solberg explained to Bloomberg that the current fund structure “might be too big to be handled by just one fund. You could split it either on getting different handlers to compete better, or have different objectives for your investments in different funds. We’re going to explore it, develop and see if it’s a good idea.”……………………………………….Full Article: Source


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