19.10.2016 - Norway wealth fund should shift more money to equities from bonds
Norway's sovereign wealth fund should raise the proportion of its investments in equities to 70 percent from 60 percent to the detriment of its bond holdings, the majority on a government-appointed commission said on Tuesday. Its chairman dissented, saying equity holdings should be cut. If the increase was done today, it would mean the world's largest sovereign wealth fund, currently valued at $875 billion, would move $87 billion into equities away from government bonds, whose low interest rates are dragging down the fund's return...........................................Full Article: Source
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