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Norway's US$1 trillion fund adjusts to world of ultra-low rates, high liquidity
NORWAY's sovereign wealth fund, which owns more than 1 per cent of global stocks, is treating its US$300 billion bond portfolio as a hedge for what it now essentially views as a stock fund.
"Sixty to 70 per cent in equities - imagine it was 60 to 80 or 90 per cent - the whole
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