Norway's $900 Billion Fund Might Stop Getting Fresh Cash
New capital transferred into the nation's sovereign wealth fund is falling
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What happens to a wealthy, oil-reliant nation when crude prices collapse and unprecedented monetary easing threatens to scupper returns for its sovereign wealth fund?
Yngve Slyngstad, who manages Norway's $900 billion wealth fund, has said many times in the past year that in a low-and even negative-interest rate world the fund will not be able to hit its expected 4 percent real return.