Showing posts with label Norway. Show all posts
Showing posts with label Norway. Show all posts

Sunday, March 2, 2014

Investors Mount Attack on Norway in $20 Billion Oil, Gas Row

Allianz SE (ALV), Abu Dhabi’s wealth fund and firms including Statoil ASA (STL) have mounted a multi-pronged battle against Norway to defend revenue and oil- and gas-industry projects valued at $20 billion.

Wednesday, January 22, 2014

Insight: Norway's $833 billion oil fund eyes riskier bets

OSLO - In May 2012 the world's largest sovereign wealth fund joined U.S. investors BlackRock and Waddell & Reed to buy a $1.6 billion stake in motor racing's Formula One.

Monday, January 13, 2014

Why Norwegians Are Millionaires and Americans Are Paupers

Among the reasons Norwegians can celebrate Norway are the '80s band A-ha, the narrow geological formations called fjords, oil and the biggest sovereign wealth fund in the world.

Wednesday, October 9, 2013

Norway finds diversification easier said than done

Spare a thought for the incoming Conservative-led coalition government in Norway. The likely next Norwegian prime minister, Erna Solberg, has a problem every other leader would like to face: how to supervise a massive sovereign fund that already has assets of more than 150% of the country’s gross domestic product, and is destined to get even bigger in coming years.

Tuesday, September 3, 2013

Norway Oil Riches Up for Grabs as Anti-Tax Group Set to Win

Norway’s Sept. 9 election is set to open up a debate on how much of the nation’s oil wealth can be funneled straight into Scandinavia’s richest economy.

Tuesday, June 4, 2013

Some Look to Norway as Model for US Oil Bounty

In a country where oil wealth has typically been controlled up by oil companies, the concept of the U.S. harnessing its energy boom to shore up its frayed public finances may be hard to conceive.

Monday, December 3, 2012

Norway Wealth Fund to Spend $11B Adding U.S. Real Estate

Norway’s $660 billion sovereign wealth fund, the world’s largest, plans to invest about $11 billion as it enters the U.S. real estate market.

Tuesday, November 20, 2012

Norway Misses Haven Fest as Record Issuance Looms: Nordic Credit

Norway faces higher borrowing costs next year as the AAA rated nation plans record bond issuance amid a potential drop off in demand from foreign buyers.

Thursday, July 12, 2012

Russia Wealth Fund May Aim at 2 to 1 Bonds/Shares Ratio -Deputy Fin Min

MOSCOW--Russia may aim at having a stocks to bonds ratio at 1 to 2 in its sovereign wealth funds, using Norway's pension fund's structure as an example, Deputy Finance Minister Sergei Storchak said Tuesday.