11.09.2013 - Norway's new government to reshape world's largest wealth fund
Norway's incoming centre-right government plans to revamp and possibly break up the country's $750-billion oil fund, changing how one of the world's biggest investors spends its money. The Conservatives and the populist Progress Party, who are likely to share power after Monday's poll, are considering splitting it into two or more, possibly competing, funds. They may also allow foreign private equity and infrastructure investment to create a more diversified, and hopefully profitable, portfolio...............................................Full Article: Source
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