26.06.2012 - Norway’s sovereign fund is pioneering a new investment model based on transparency and ethics
Valued at US $611 billion at the end of March, the Norway Pension Fund—Global vies for the top spot of the sovereign wealth fund tree with the Abu Dhabi Investment Authority. However, with great power comes great responsibility: in the last 12 months the Norwegians have voted against the beleaguered Greeks being allowed a “managed default” and offered a $9.2 billion loan to the International Monetary Fund (IMF) as the organization struggles to contain the Eurozone crisis. In contrast, the United Kingdom—with a population 12 times larger—offered $15 billion...............................................Full Article: Source
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