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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Norway sets up strategy council for wealth fund

Posted on 06 October 2010

From Reuters: Norway announced on Tuesday that it was setting up a strategy council for its $471 billion oil-based sovereign wealth fund, which will publish its first report by Dec. 1, 2010.
“Such independent and critical reviews will provide useful professional input while fostering greater transparency and discussion about important issues related to the long-term investment strategy of the Fund,” Finance Minister Sigbjoern Johnsen said in a statement……………………………………….Full Article: Source


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