Norway's deputy finance minister has dismissed opposition suggestions that the country's sovereign wealth fund, the world's largest, should be split into smaller funds, a local newspaper reported on Wednesday.
"We fear that a split would lead to an unfortunate competition between funds, which could lead to higher risk-taking and too much weight being put on achieving short-term results," financial daily Dagens Naeringsliv quoted deputy finance minister Hilde Singsaas as saying...............................................Full Article: Source
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