03.03.2014 - Norway oil fund set to increase company stakes
Norway's sovereign-wealth fund, the world's biggest, is set to invest in larger ownership positions in more companies even as its chief executive expects a cooling of equity markets following a strong performance in 2013. The $840 billion oil fund posted returns of 15.9% in 2013, or the second-best in its 18-year history, with the strength of its massive stock portfolio countering flat bond returns. The U.S. Federal Reserve's liquidity actions were cited as a key reason for strong equities..............................................Full Article: Source
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