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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Norway Sovereign Wealth Fund Urged to Add $87 Billion in Stocks

Posted on 19 October 2016

Norway’s $874 billion wealth fund needs to add more stocks as record low interest rates and a weak global economy will otherwise lower returns to just above 2 percent a year over the next three decades, a government-appointed commission recommended.
The Finance Ministry should raise the fund’s stock mandate to 70 percent from 60 percent, the committee, comprised of academics, investors and two former finance ministers, urged on Tuesday…………………………………….Full Article: Source


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