| The Government Pension Fund of Norway is the largest in the world. On July 2013 the amount of assets in the fund reached $740 billion. The fund is managed by the private sector arm of the Central Bank of Norway (Norges Bank Investment Management, NBIM).
According to statements by Yngve Slyngstad, head of NBIM, the fund is gradually increasing the share of investment in emerging markets, while reducing the share of investment in European assets. In addition, structure of the bond portfolio changes: the fund will mainly invest in bonds of countries with low debt load...............................................Full Article: Source
|