10.10.2014 - Norway is right to reassess its sovereign wealth fund
Norway’s sovereign wealth fund is large (Ministry of Finance 2013). At $890 billion, it is the largest sovereign wealth fund in existence, holding over 1% of almost every listed stock in the world. However, as the fund approaches $180,000 for every man, woman, and child in Norway, there have been calls to reassess the way it is managed – from divesting oil and gas stocks to reducing the amount spent each year. Recent research provides some support for these calls, by treating above- and below-ground wealth as two sides of the same coin for the first time (van den Bremer et al. 2014)...............................................Full Article: Source
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