02.02.2016 - Norway wealth fund aims to keep outpacing global markets, chief says
Norway's $810-billion sovereign wealth fund, the world's largest, will continue its bid to outperform global markets despite the added risks involved, the central bank official supervising the fund told Reuters. The country's rainy-day savings, worth more than twice its annual gross domestic product, are invested in foreign stocks, bonds and real estate to share the wealth from oil and gas production with future generations. The fund aims to have its returns exceed global equity and fixed income benchmarks by about a quarter percentage point per year by taking on risk it believes will pay off, including by picking stocks it expects to deliver long-term returns...............................................Full Article: Source
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