03.12.2014 - Norway’s $870 Billion Fund Closer to Expanding Asset Pool
Norway moved a step closer to deciding whether its sovereign wealth fund, the world’s largest, will be allowed to broaden its investments to include infrastructure as part of a strategy to increase returns. The government will ask the $870 billion fund’s Strategy Council to assess whether the Government Pension Fund Global -- the fund’s official name -- should invest in unlisted infrastructure, the Finance Ministry said today. It will also look into raising the 5 percent cap on real estate investments...............................................Full Article: Source
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