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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Norway’s Oil Fund taps Italy, Greek small caps, Slyngstad says

Posted on 31 August 2011

Norway’s oil fund has increased its investments in small-capitalization companies in debt-burdened European countries such as Italy and Greece over the past 18 months, the head of the $544 billion fund said.
“We think it’s structurally possible to make money” in these markets, Yngve Slyngstad, chief executive officer of Norges Bank Investment Management, said in a speech today in Oslo. The fund also handed out external investment mandates targeting small-caps in France, Spain, he said……………………………………….Full Article: Source


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