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2 months ago

The world s biggest sovereign wealth fund is about to fundamentally change the way it does business

Norway s Global Government Pension Fund, the biggest sovereign wealth fund in the world by assets under management, has formally started the process of shifting the way it goes about business.Late on Thursday afternoon, the Norwegian government proposed investing 70% of thecountry s 723 billion fund in the equitymarkets. Currently, the fund has the ability to put just over 60% into stocks.Increasing the allocation could shift as much as 70 billion into equities from its fixed income po

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