22.11.2011 - Norway SWF CEO says to reduce bond portfolio
Norway's sovereign wealth fund, which manages the country's oil revenues, will over time reduce its bond portfolio and is currently focused on investing in equity, Chief Executive Yngve Slyngstad said on Monday. The fund also has a more positive view on what the current economic crisis in Europe could lead to long-term. "Change generally have huge possibility to lead to good things," Slyngstad told reporters...............................................Full Article: Source
Print