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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Trends

Big investors don’t know where to put their cash

Posted on 06 June 2012

As head of the Norwegian sovereign-wealth fund, Yngve Slyngstad collects his country’s oil revenues, which currently total more than €100 million — per day. The fund is supposed to use these revenues to provide the country with prosperity for the long term.
It’s no easy task, because the government expects Slyngstad and his staff of more than 300 people to generate a 4 percent return on investment………………………………………..Full Article: Source


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