| What can wealthy private investors and their financial advisers learn from a largely unknown but gigantic Norwegian sovereign wealth fund? Quite a lot, it turns out. According to "Yale Versus Norway," a white paper published in September by Greycourt, an independent investment adviser serving wealthy families and select institutions, there are characteristics of the Government Pension Fund Global, as the Norwegian fund is officially known, that make it "simpatico" with family investors.
While the paper ostensibly compares the management styles of the famed Yale endowment with Norway's sovereign wealth fund, a good chunk of the paper is devoted to how high-net-worth families can adapt many of the investing principles of the "Norway model."..............................................Full Article: Source
|