(Bloomberg) After hitting the $1 trillion milestone this month, the Norwegian wealth fund can expect even more scrutiny going forward. The government is currently looking at a proposal from a committee led by a former central bank governor to separate out the fund from Norges Bank. This idea is now being seized on as a means to tighten oversight, with more people arguing that the fund has grown too large and complex to handle for the central bank, which is stocked with economists but lacks expertise in overseeing investments.
World’s Biggest Wealth Fund Faces Tighter Reins at $1trn
This entry was posted in Syndicated. Bookmark the permalink.
