| Norway's US$890 billion (S$1.23 trillion) sovereign wealth fund recommended raising its proportion of stocks to 62.5 per cent of its total holdings to keep the same risk levels as it prepares to separate out real estate from its main fund.
The fund assumes a market risk of 0.5 on its unlisted real estate, meaning that the return on these assets moves in the same direction, but not as much, as the broad equity market, it said in a letter to Finance Ministry............................................Full Article: Source
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