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Sovereign Wealth Funds Briefing - Categorized | Trends

Ukraine situation has altered Russia investment risks -Norway wealth fund head

Posted on 28 April 2014

The situation in Ukraine has altered the risks affecting the Norwegian sovereign wealth fund’s investments in Russia, the head of the fund - the world’s largest of its kind - said on Friday.
The fund is one of the world’s biggest investors with holdings of $860 billion in some 8,000 companies across 82 countries. “We see that there is a different risk profile,” Yngve Slyngstad told reporters after speaking at a parliamentary hearing. “We have significant investments in Russia.”……………………………………….Full Article: Source


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