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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market, Performance

Norway fund is largest SWF in the world

Posted on 13 June 2011

Sigbjoern JohnsenNorway’s state pension fund has topped the UAE’s Abu Dhabi Investment Authority (ADIA) to become the largest sovereign wealth fund in the world, a US consultancy said.The fund, which contains nearly all state revenues from the oil sector in Norway, was worth $560.5 billion against the $342bn for the Abu Dhabi fund, consulting firm Monitor Group said in a report.

Comparisons between funds remain complicated as the ADIA does not give regular performance reports while the Norwegian fund publishes its results quarterly……………………………………….Full Article: Source


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