| The world's biggest wealth fund won't be joining its counterparts in a selloff that's hurting already depressed markets. In fact, officials who supervise the $780 billion fund haven't even discussed the possibility of shifting strategy, according to Egil Matsen, who this week started as the new deputy central bank governor in charge of oversight of the investor.
"There's no indication that we need to sell assets now, not at all," Matsen said in an interview in Oslo Thursday. "The governance structure around our sovereign wealth fund is actually designed to live through such periods."..............................................Full Article: Source
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