Thu, Mar 5, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Norges Bank goes shopping in Tesco despite analysts’ fears over sales

Posted on 16 April 2014

Do the Norwegians know something the market doesn’t? Norway’s $840 billion national government pension fund, run by the country’s central Norges Bank, seems to.
The fund has been buying Tesco in a big way in advance of full-year numbers due out this morning. A statement by the company dropped just after the closing bell yesterday revealing that Norges Bank, already Tesco’s largest investor, has upped its bet on Britain’s biggest supermarket chain again………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15841 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031