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

Lessons from Norway

Posted on 30 September 2013

A look at the Norwegian Oil Fund, one of the world’s largest Sovereign Wealth Funds, might prove instructive for Israel. The discovery of gas by Israel in the Mediterranean Sea has led to discussions about the establishment of a Sovereign Wealth Fund, while a wave of optimism regarding to the financial safety of the country has washed over the government.
For some perspective, a look at the Norwegian Oil Fund, one of the world’s largest Sovereign Wealth Funds, might prove instructive. Rubbing the varnished surface of the NOF, some scratches appear which may augur a morose future for Norway………………………………………..Full Article: Source


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