Norway’s Sovereign Wealth Fund Gets Another $1 Billion QFII Quota
Increasingly European asset owners want increased exposure to mainland Chinese equities. For example, Swedish buffer fund AP2 posted an approximate 59.1% return in 2014 in listed Chinese equities for 2014. Norges Bank Investment Management (NBIM), manager of Norway’s sovereign wealth fund, received another US$ 1 billion in China’s Qualified Foreign Institutional Investor (QFII) program. NBIM’s total QFII quota is US$ 2.5 billion. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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