Norges Bank Investment Management (NBIM), which manages Europe’s largest sovereign wealth fund, named a new team of executives after a record 633 billion-krone loss last year wiped out gains from 12 years of investing Norway’s oil and gas revenue. (read article here)
Norway, one of the world’s largest petroleum exporters, has invested its oil wealth in a fund with a current market value of more than $350 billion. The fund has a portfolio of around 8,000 companies and offices in Oslo, London, New York and Shanghai.
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http://temasekreview.com/?p=12600
Norway, one of the world’s largest petroleum exporters, has invested its oil wealth in a fund with a current market value of more than $350 billion. The fund has a portfolio of around 8,000 companies and offices in Oslo, London, New York and Shanghai.
Read rest of article here:
http://temasekreview.com/?p=12600