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
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here