| The world’s biggest sovereign wealth fund is looking to more than double the number of industry specialists in its equities team as the $840bn Norwegian oil fund steps up efforts to outperform global stock markets. Norway’s oil fund is one of the world’s biggest equity investors, owning on average 1.25 per cent of every listed company globally.
Giving a rare insight into the inner workings of the oil fund, Petter Johnsen, its chief investment officer for equities, told the Financial Times he was looking to bulk up the number of portfolio managers that follow specific sectors such as US banks or European insurers...............................................Full Article: Source
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