| The world’s largest sovereign wealth fund has significantly increased its stakes in Aviva Plc and Friends Life Group since the £5.1 merger between the two companies was unveiled at the end of last year, the Financial Times has reported. Norway’s $860 billion oil fund has bought about £100 million worth of shares in the two FTSE 100 insurers.
Aviva’s share price has added about 0.3 percent in London so far today, outperforming the broader market, with the FTSE 100 index having lost just under one percent in morning trading. Friends Life’s share price is also about 0.3 percent up...............................................Full Article: Source
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