Norway’s Gjedrem bids to hold on to wealth fund role


The governor of the Norges Bank has hit out at proposals to strip the central bank of its management of the country's Nkr3 trillion ($513 billion) sovereign wealth fund.

Bloomberg, a news agency, reported Svein Gjedrem, the governor of the Norges Bank, as saying in an interview in Oslo on Tuesday: "Norges Bank has been important for the oil fund in the past and I think also in the future that may be the case". When asked whether there was any need to change the management structure of the Govern

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