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Sovereign Wealth Funds Briefing - Categorized | Performance

Norway’s many lessons

Posted on 04 June 2010

From Latimes.com: The whole egalitarian social democratic model is actually sustained by Norway’s vast exports of oil and gas, the revenues from which it has been stashing away into what is now the world’s second-largest sovereign wealth fund, with a value of about $440 billion.
If the fund goes on growing as it has been, it will even — uniquely in Europe — almost cover the future pension obligations for an aging population………………………………………..Full Article: Source

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