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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

Norway’s new government to reshape world’s largest wealth fund

Posted on 11 September 2013

Norway’s incoming centre-right government plans to revamp and possibly break up the country’s $750-billion oil fund, changing how one of the world’s biggest investors spends its money.
The Conservatives and the populist Progress Party, who are likely to share power after Monday’s poll, are considering splitting it into two or more, possibly competing, funds. They may also allow foreign private equity and infrastructure investment to create a more diversified, and hopefully profitable, portfolio………………………………………..Full Article: Source


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