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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Norway’s sovereign wealth risk vortex

Posted on 25 March 2011

What does Norway get out of its Oil Fund, if not More Strategic Infrastructure Investment? For the past generation Norway has supplied Europe and other regions with oil, taking payment in euros or dollars. It then sends nearly all this foreign exchange abroad, sequestering its oil-export receipts – which are in foreign currency – in the Oil Fund, to invest mainly in European and U.S. stocks and bonds.
The fund now exceeds $500+ billion, second in the world to that of Abu Dhabi……………………………………….Full Article: Source

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