Norges Bank says it is still capable of managing wealth fund


Norges Bank has said it considers itself capable of continuing to manage Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG). A commission investigating changes to the central bank law had recommended the creation of a separate entity to manage the fund.

The GPFG is the world’s biggest sovereign wealth fund with assets worth more than $1 trillion.

In a response to the report of the commission published on October 26, the central bank acknowledges the importance of

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