18.08.2016 - Norway Oil Fund Looks Into Trimming $520 Billion Stock Portfolio
The world’s biggest sovereign wealth fund, long a backstop for global equity markets, is looking into potentially trimming its $520 billion stock portfolio as it tries to buy more properties and even move into infrastructure. Faced with withdrawals from the government and dwindling returns amid record low interest rates, the investor has so far been selling “lower yielding” bonds to fund real estate purchases. That could soon include selling stocks as well as the government gives the green light to increasing the share of so-called real assets...............................................Full Article: Source
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