For years, Norway’s sovereign wealth fund has tried to be predictable. It has presented itself as a long-term, rules-based investor whose job is to turn oil and gas revenues into broad, steady exposure to the global economy.Recent decisions and political debates show that this position is becoming harder to maintain....
For years, Norway’s sovereign wealth fund has tried to be predictable. It has presented itself as a long-term, rules-based investor whose job is to turn oil and gas revenues into broad, steady exposure to the global economy.Recent decisions and political debates show that this position is becoming harder to maintain....