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Norway Debates $800 Billion Wealth Fund’s Investment Options

Norway’s central bank Governor Oeystein Olsen said it would be natural for the nation’s $800 billion sovereign wealth fund to expand the asset classes it invests in as the new government considers how best to deal with the fund’s growth.

Olsen signaled support for a 2010 recommendation, which was rejected the following year, for the fund to invest in infrastructure and private equity as the new administration of Prime Minister Erna Solberg reviews its investment mandate.