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Norway Mulls Alternatives To Sluggish Europe For $1T Fund
Posted on: Aug. 21, 2019, 8:31 a.m.
* Achieved 3% return on investment (Adds quote, detail, bullet points): OSLO (Reuters) - Norway’s $1-trillion-plus sovereign wealth fund, the world’s largest, may seek to shift the balance of its investments between Europe, the Americas and Asia, a senior official said on Wednesday. North American equity markets have grown faster than European ones since the last time Norway examined the regional weight of the fund’s reference portfolio, in 2012. Full investment news article
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Uk Government Borrowing Misses Targets; Historic German Bond Sale - Business Live | Business | The Guardian
Posted on: Aug. 21, 2019, 8:31 a.m.
UK borrowing is rising faster than expected this year, as government spending outpaces incomeLatest: UK surplus weaker than hopedSurplus of £1.3bn in July misses forecast of £2.7bnJuly should be a strong month for tax receiptsUK has borrowed £6bn more this year already 12.50pm BST Back in the financial markets, Germany has broken new ground by selling 30-year government debt with a zero coupon.The happy investors in the new German 30-year benchmark will lose more than 3% of their investment for ... Full investment news article
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