Norway Fund Said Among Bidders for BlackRock Singapore Tower

Norway’s sovereign wealth fund is among bidders for BlackRock Inc.’s Asia Square Tower 1, an office building in Singapore’s central business district, according to people familiar with the matter.

Citigroup Favors Debt as Real Yield Lures Western: Korea Markets

The highest inflation-adjusted yield among Asia’s biggest economies is attracting Citigroup Inc. and Western Asset Management Co. to South Korea’s sovereign bonds.

Wealth Fund Cautions Against Costs Exacted by High-Speed Trading

Despite being one of the largest single investors in the world, Norway’s sovereign wealth fund rarely makes waves.

Norway Fund Says Emerging Market Slump Curbed Returns

Norway’s sovereign wealth fund, the world’s largest, said a slump in emerging markets held back returns in the second quarter amid concern over a slowdown in the Chinese economy.

Norway Oil Fund Made $29 Billion Last Quarter as Stocks Rose

Norway’s $660 billion sovereign wealth fund, the world’s largest, returned 4.7 percent last quarter as global stock markets recovered after central banks from the U.S. to Japan stepped up efforts to stimulate growth.

Norway Dumps Ireland, Portugal Bonds on Euro Crisis Concern

Norway’s sovereign wealth fund sold all its Irish and Portuguese government bonds after rejecting the Greek debt swap and warned that Europe faces considerable challenges.

Norway’s Oil Fund Posts Lower Gains

Norway’s sovereign wealth fund suffered its smallest quarterly gain in a year, foreshadowing this month’s global stock rout amid concern U.S. and European economic growth is stalling.

The $534 billion Government Pension Fund Global returned 0.3 percent, as measured by a basket of currencies, in the second quarter, the Oslo-based investor said today. The stock portfolio fell 0.7 percent and its bonds holdings rose 1.8 percent. It was the worst performance since a loss in the second quarter of 2010.

Norway Oil Fund to Buy $1 Billion of Real Estate Assets in Paris From Axa

Norway’s sovereign wealth fund agreed to buy a 50 percent stake in seven properties in and around Paris for 702 million euros ($1 billion) from Axa SA, as it seeks to add at least $25 billion in real estate assets to boost returns.

The $570 billion Government Pension Fund Global will form a joint venture with Axa that will manage the properties, the Oslo-based investor said today in an e-mailed statement. The transaction is expected to be completed in the third quarter.