UPDATE – Norway’s Sovereign Wealth Fund Seeks to Double Sector Specialists
Posted on 02/28/2014
Norway’s Government Pension Fund Global (GPFG) is growing professional staff in its internal equities department, leading a major trend occurring in large sovereign wealth funds to minimize external manager costs. Sovereign wealth funds like Singapore’s GIC and the Abu Dhabi Investment Authority follow a similar strategy of spending internal resources on in-house management. Equity portfolio […]