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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Norway Oil Fund to now buy prime foreign land?

Posted on 08 November 2013

The Norwegian government has had a sovereign wealth fund, which collects income from their oil, for many years now and it was worth $810 billion at the last official valuation.
While the managers of the Norway sovereign wealth fund have already been looking at the European property market, a revelation today shows that there could be a significant investment in worldwide property by the fund in the short to medium term. As the price of UK property continues to move higher and higher there are now serious concerns that first-time buyers may become a thing of the past………………………………………..Full Article: Source


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