The world’s largest sovereign wealth fund plans to take on more risk as it seeks to exploit its role as a strategic investor, in a move that could mark a new trend for conservative publicly owned investors.
The Norwegian oil fund, which has more than $600bn of assets under management, also believes that it could be more opportunistic when markets dry up, as was the case during the global financial crisis.
“The fund can exploit [its nature as a long-term investor] by being a provider of liquidity in periods when there is a lack of liquidity,” said Pal Haugerud, head of asset management in Norway’s finance ministry.
您已閱讀35%(619字),剩余65%(1132字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。