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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

All Norwegians become crown millionaires, thanks to SWF

Posted on 09 January 2014

Everyone in Norway became a theoretical crown millionaire on Wednesday in a milestone for the world’s biggest sovereign wealth fund that has ballooned thanks to high oil and gas prices.
Set up in 1990, the fund owns around 1 percent of the world’s stocks, as well as bonds and real estate from London to Boston, making the Nordic nation an exception when others are struggling under a mountain of debts………………………………………..Full Article: Source


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