Norway’s US$1.8 trillion fund sees rare political unity as key


LONDON: Norway’s US$1.8 trillion sovereign wealth fund benefits from a rare consensus among its political masters, according to chief executive officer Nicolai Tangen, unlike other countries which are exploring such an option.

“We have a very constant investment philosophy and I think that’s really one of the success factors behind the fund,” Tangen said, speaking in a Bloomberg TV interview. “It means that when we have a change of government our investment philosophy does not change.”

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Norway , wealth , investment , Norges

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