Oil Prices Push Sovereign Wealth Funds Toward Alternative Investments
Funds of oil-producing states have been forced to reexamine their portfolios. Among them: Yngve Slyngstad's oil fund in Norway.
Sarfraz Thind
February 20, 2014
Yngve Slyngstad, executive director of Norges Bank Investment Management, poses in this undated handout photo, provided to the media on Thursday, Aug. 20, 2009. Norges Bank Investment Management, which oversees Europeís largest sovereign wealth fund, favors European covered bonds over U.S. government debt as the global economy recovers from a recession. Source: Norges Bank via Bloomberg EDITOR'S NOTE: NO SALES. EDITORIAL USE ONLY
Via Bloomberg
