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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

U.S. looks to reluctant foreign investors to help fund the housing market

Posted on 16 February 2010

From Washingtonpost.com: As the U.S. housing market boomed in the past decade and fueled a bull market in mortgage investments, Norway’s government-owned fund went along for the ride — and the fall.

After that fund recorded its worst-ever year in 2008, managers cited investments backed by U.S. mortgages as a key culprit and began to cut back…………………………………..Full Article: Source

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