Equity allocation may be raised

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NORWAY -The US$328bn Government Pension Fund - Global may significantly increase its equity allocation, according to Knut Kjær, the head of Norges Bank Investment Management (NBIM), which manages the portfolio.

It comes after a white paper earlier in the year when the government decided to increase allocation to the sector. As a result, Kjaer said the fund may raise its international equity portfolio ...

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