| Norway’s $880 billion sovereign wealth fund is facing new calls for tighter oversight as the government prepares its annual strategy document. Labor, Norway’s largest political party, wants to use the process to reassess the supervision framework as the fund’s rapid growth and expanding investment universe may require “more comprehensive management,” said Torstein Tvedt Solberg, who sits on parliament’s Finance Committee.
Tvedt Solberg said the fund’s ambitions to become a more active investor and expand into new assets add pressure to the oversight structure. “There’s a need to do a thorough review of this system,” he said..............................................Full Article: Source
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