EXCEPTIONALLY HIGH RETURN: NBIM CEO Presents Before Norway’s Standing Committee
Norway’s GPFG pivoted and increased its long-term target equity share from 60% to 62.5%. In addition, the total real estate allocation for the fund has a 7% limit.
Slyngstad stated, “We have seen exceptionally high return over the past five years. Looking ahead, we must be prepared for periods of substantial declines in value.”
Here is the speech.
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