Thu. Nov 21st, 2019

Norway’s central bank advises pension fund to shift from Europe stocks to North American

1 min read

Norway’s central bank has advised its Government Pension Fund Global to shift from European developed markets into North American ones. “We are of the opinion, however, that the geographical distribution should be adjusted further towards float-adjusted market weights by increasing the weight of equities in North America and reducing the weight of equities in European developed markets. The gap to market weights will then be smaller than today,” the bank said.

Go to Source
Author: