| Public pension funds such as the Norwegian Government Pension Fund Global lack the time and talent to pursue alpha-and-alternatives strategies such as those adopted by US endowment funds, a US-based think tank has claimed.
In a note published this week, the Sovereign Wealth Fund Institute contrasted the "Norway model" – characterised by lower security ownership positions, low cost, greater transparency and less use of alternatives – with a Yale University endowment model focused on alternatives and uncorrelated investments, private equity and larger equity positions...............................................Full Article: Source
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