NORWAY - Governor Svein Gjedrem has said the NOK1.4trn Government Pension Fund could more than double in size over the next decade to twice the country's GDP.
Speaking at a conference on Norwegian experiences in balancing economic development with macroeconomic stability, Gjedram said the fund had a market value of roughly 73% of GDP by end 2005, but add...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date