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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration, Market, Performance

Norway’s sovereign fund sees sustained volatility

Posted on 29 June 2010

From Reuters: Investors face years of market volatility as governments consolidate their mountains of debt taken on both before and in response to the financial crisis, says the head of Norway’s sovereign wealth fund.
Martin Skancke, director general of the Norwegian Ministry of Finance Asset Management Department and responsible for the country’s sovereign wealth fund, said uncertainty may dominate but the fund’s long-term time horizon gives it the ability to ride out the gut-churning drops and equally fast rises……………………………………….Full Article: Source

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