SWFI First Read, March 1, 2016

Norway is in Spend Mode

Norway’s Ministry of Finance plans to not have a tighter budget for 2016. The country is also looking to tap into its massive sovereign wealth funds, Norway’s Government Pension Fund Global (GPFG). For 2017, there could even be a larger cash exodus from the wealth fund. Norway’s government has pushed spending levels to record levels this year to stimulate the economy (create jobs, jobs, and more jobs.)

Japan’s GPIF Reports 3.56% Quarterly Gain for 3Q

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