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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Norway’s Oil Fund positive on southern European bonds

Posted on 22 February 2011

Yngve SlyngstadFrom WSJ: The chief executive of Norway’s Pension Fund Global, the world’s second-largest sovereign wealth fund, believes yields on southern European countries’ bonds became more attractive last year, and will continue to improve in 2011 thanks partly to government measures.
“We think that the measures that were taken during 2010 by European politicians were positive, so we are optimistic that the measures which will be taken in 2011 will also be positive for the bond investors,” Yngve Slyngstad said in an interview at his office in Oslo……………………………………….Full Article: Source


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