19.07.2016 - World’s Biggest Wealth Fund Gets New Stab at Infrastructure Bid
Norway is reconsidering whether to let its $870 billion sovereign wealth fund invest in unlisted infrastructure after parliament requested a more detailed study into the move. The government, which three months ago rejected the fund’s bid to make such investments, will consider expanding its mandate in a white paper in the first half of next year, according to a letter to Norges Bank from the Finance Ministry obtained by Bloomberg. The shift follows a vote by a parliamentary committee in May to keep the option on the table, the document showed...............................................Full Article: Source
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