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Sovereign Wealth Funds Briefing - Categorized | Trends

Norway fund shifts gears

Posted on 12 August 2013

Norway’s $760 billion oil fund, which disclosed lackluster earnings on Friday, faces a possible shake-up after parliamentary elections this fall, as the center-right opposition clashes with the government on the structure of the world’s biggest sovereign-wealth fund.
The fund, which announced a 0.1% return on its investments in the second quarter, said Friday it was creating an outside advisory board to improve the way it handles its increasing ownership stakes………………………………………..Full Article: Source


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