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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Oslo ruffles feathers as it taps Norway’s oil fund

Posted on 18 August 2016

First withdrawal in decades stirs debate over fund’s future and how much level of risk it should take on. This year will prove to be a watershed for the world’s largest sovereign wealth fund as, for the first time in two decades, Norway’s $890bn oil fund will have money taken out by the government in Oslo.
The withdrawals so far have been small compared with the size of the fund, which has grown rapidly to become one of the largest investors in the world on the back of surpluses made by Norway’s petroleum industry………………………………………..Full Article: Source


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