Norway’s Wealth Fund Wants to Add $129 Billion in Stocks

Updated on
  • Seeks to boost equity portion of portfolio to 75% from 60%
  • Sees returns below 3% over the next decade amid low rates

Norway’s $860 billion wealth fund recommended it add about $130 billion in stocks and sell off bonds as it presented a bleak view on the returns from its investments across the globe in the decades to come.

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