Norway Oil Fund manager proposes reducing government bonds
Norges Bank Investment Management, which manages Norway’s $2.4 trillion sovereign-wealth fund, proposed cutting government-bond holdings to add riskier debt in a bid to seek greater returns.
By Michael HennesseyThe manager of Norway's $2.4 trillion sovereign-wealth fund proposed cutting its holdings of government bonds to add riskier debt in a bid to seek greater returns.Norges Bank Investment Management--the arm of the central bank that manages the world's largest sovereign-wealth fun…