12.04.2011 - Norway's sovereign fund shows appetite for corporate bonds
Norway's giant sovereign wealth fund is considering increasing the proportion of corporate bonds in its target portfolio, as it adjusts to the changes in debt markets wreaked by Europe's sovereign crisis and a bruising experience with asset-backed securities in 2008. Norway's central bank, which manages the €398bn Government Pension Fund, has proposed changes to the fund's target portfolio which suggest a higher appetite for corporate bonds in the future..............................................Full Article: Source
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