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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

World’s top sovereign wealth fund ‘to boost property investment’

Posted on 30 October 2013

Norway’s oil fund is looking at increasing its property investment, especially in the United States, says its Chief Executive. The head of Norway’s oil fund, the largest Sovereign Wealth Fund its kind in the world, says it is looking to increase its investment in property.
Yngve Slyngstad, Chief Executive of Norges Bank Investment Management, says property investments currently account for up to 5% of the fund. But after increasing the size of its team it was now in a position to further build its property portfolio…………………………………….Full Article: Source


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