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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Norway SWF to double equities team

Posted on 25 February 2014

Norway’s Government Pension Fund-Global has revealed plans to double its equities investment team to almost 200 people. The $840 billion fund is already the world’s largest equities investor, and has told the Financial Times that it plans to increase its staffing capability to eke out better returns.
Petter Johnsen, CIO for equities at the fund, told the newspaper its current team of around 85 to 90 people needed to be double its current size so it was “recruiting actively”………………………………………..Full Article: Source


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