Thu, Apr 17, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Trends

Norway sovereign fund gets junk bond limit

Posted on 11 November 2010

From Pionline.com: Norway’s Government Pension Fund-Global, Oslo, will face a limit of 3% of all fixed-income assets on the fund’s investment in bonds rated below investment grade, effective Jan. 1, the Norwegian Ministry of Finance announced Wednesday.
The ministry is implementing its first limit on junk bond investments at the 3.05 trillion Norwegian kroner ($524 billion) fund as a way to limit credit risk and to supplement the 1.5% tracking error limit in place on the fund’s entire portfolio, Anders Lande, spokesman, said in an e-mail response to questions……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930