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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Norway’s smaller pension fund also impresses

Posted on 06 March 2014

Norway’s massive wealth funds are easy to mix up. But both are booming and giving 5 million Norwegian citizens a healthy dollop of security for decades to come.
The oil fund – also known as Norwegian Government Pension Fund Global — is the world’s largest sovereign wealth fund that invests money globally, and its $840 billion is available for unspecified needs of future generations. Last week, the fund said it returned 16% for 2013, the second best performance since its founding in 1996………………………………………..Full Article: Source


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