Norway's state oil fund hungry for more stocks
As management sees it, Norway's state oil fund should increasingly invest in stocks. It is unclear whether there is political backing.
The staggering NOK 7300 billion (EUR 814 billion) figure in The Government Pension Fund Global (Den Norske Oljefund), Norway's state oil fund, is 60 percent made up of stocks. The rest is in bonds and real estate.
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