| Norway set up a committee to review whether to change the $815 billion sovereign wealth fund’s equity share and possibly allow the investor to boost the current 60 percent allocation as it struggles to reach return targets.
Knut Anton Mork, a senior economist at Svenska Handelsbanken in Oslo, will lead the effort along with Sigbjoern Johnsen and Kristin Halvorsen, the predecessors of Finance Minister Siv Jensen, the ministry said in a statement. It will analyze the fund’s expected return and risk with different equity allocations and can propose changes in a report due by Oct. 15. That will be addressed by a government white paper the following spring...............................................Full Article: Source
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