Norway wealth fund wants to better tap growth potential of unlisted firms

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Norway wealth fund wants to better tap growth...
 © CyprusMail 2019
Norway’s $1 trillion sovereign wealth fund, the world’s largest, should have more freedom to invest in unlisted equities, its manager said on Wednesday, a proposal that could help the fund better capture the growth of U.S. tech firms.

The world’s largest sovereign wealth fund, which pools Norway’s revenues from oil and gas production in stocks, bonds and real estate abroad, is currently only allowed to invest in unlisted equities if a listing is imminent.

The fund’s management has complained in the past about being...


This article was automatically added to our system 28-8-2019

Norway wealth fund wants to better tap growth potential of unlisted firms


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