Norway’s sovereign wealth fund, the world’s largest, warned that stock-market gains may reverse as Europe’s biggest equity investor said it won’t use new inflows to buy more shares.
Norway’s $850 billion sovereign wealth fund, the world’s biggest, is reviewing risk in Russia, where it has “significant” holdings, Chief Executive Officer Yngve Slyngstad said.
Norway’s $860 billion sovereign wealth fund, the world’s largest, will continue to push for an increased investment quota in China, undaunted by a deepening slowdown in the world’s biggest export nation.
Norway’s sovereign wealth fund said it’s taking advantage of volatility to generate better returns as Europe’s largest equity investor adds risk.
"No matter what you think, if it's going to be a good investment or not, it's very simple: We will invest in this area."
- Yngve Slyngstad on Dec 01, 2014