World’s largest SWF to become more contrarian and longer-term
The CEO of Norges Bank Investment Management has pledged the $1.6 trillion fund will adhere more closely to the two principles, supported by clarity from Norway’s Ministry of Finance concerning acceptable underperformance.
Norges Bank Investment Management, the $1.6 trillion Norwegian fund, the world’s largest SWF, is to shift its allocation approach to become more contrarian and longer terms, its CEO has said.
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