Friday¡ 14 May 2021
World News Review

Entries for 12arch 2016

Norway’s oil fund increases bet on property markets
Norway’s $830bn oil fund plans to double the size of its property team as the world’s largest sovereign wealth fund seeks to improve performance after posting its worst annual return since...
Norway Wealth Fund Isn't Joining Global Stock Selloff, CEO Says
Fund had return of 2.7% in 2015, worst performance since 2011 CEO says investment income will cover government withdrawals
Saudis plan new sovereign wealth fund as oil prices fall
While low oil prices have forced the drawdown of assets, Saudi Arabia plans to create a new sovereign fund to manage part of its oil wealth and diversify its investments. The new fund might behave lik...
Ease Africa Risks, AfDB Head Says
African nations, stung by plunging commodity prices, should set up more sovereign wealth funds to help withstand the next downturn, said Akinwumi Adesina, the African Development Bank’s new...