Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

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

Norways giant oil fund likes everyone else’s whipping boy

Posted on 03 March 2014

Norway’s oil fund, the world’s biggest sovereign wealth fund, has just announced that it had its second-best year ever. Norges Bank Investment Management, the arm of the central bank that manages the fund, said gains were driven by bouncy equity markets while bond markets barely returned anything at all.
Among the interesting nuggets in the presentation: a particular enthusiasm for emerging markets debt—the whipping boy of 2013. Last year was pretty grim for developing countries. Concerns over an unwinding of monetary stimulus by the Fed as well as economic weakness sent investors scurrying out of emerging markets. Currencies tumbled and bond yields surged in many regions………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15434 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031