Turmoil hampering SWF: Norway's Gjedrem

Heightened uncertainty concerning the financial system and global growth prospects are impacting the Government Pension Fund, Norway's sovereign wealth fund, Svein Gjedrem, the governor of the country's central bank, acknowledged.

"In recent months, price volatility in both equity and fixed-income markets has increased," Gjedrem said, adding that the fall in equity prices, even after several years of gains, had drawn focus on variations in the fund's value.

"In such a situation it is important

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