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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Norway lacks expertise to oversee wealth fund, Re-Define says

Posted on 17 March 2014

Norway’s parliament should create an independent committee of financial experts to hold the fund and the Finance Ministry, which oversees it, accountable, Sony Kapoor, director of Re-Define, said.
“Few countries have as big a gap between exposure to the international financial system and expertise on it as Norway,” said Kapoor, a former investment banker who has advised several governments, including Norway’s, and groups such as the World Bank………………………………………..Full Article: Source


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