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Norway’s $2.3 trillion wealth fund may cut US Treasury holdings by $75B

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Norway’s $2.3 trillion sovereign wealth fund is proposing a major shift in its fixed-income portfolio that could reduce its US Treasury holdings by about $75 billion as it seeks to diversify risk and improve returns. Norges Bank Investment…

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Norway’s $2.3 trillion wealth fund may cut US Treasury holdings by $75B
Invezz 3h ago

Norway’s $2.3 trillion wealth fund may cut US Treasury holdings by $75B

Norway’s $2.3 trillion sovereign wealth fund is proposing a major shift in its fixed-income portfolio that could reduce its US Treasury holdings by about $75 billion as it seeks to diversify risk and improve returns. Norges Bank Investment…