Norwegian oil investment fund bailed out by real estate investments

[Nicholas Wallwork]

The subject of sovereign wealth funds was a very hot topic during the recent Scottish referendum with much focus upon the Norwegian oil investment fund which has performed well over the years. The investment fund is financed by income from the country’s oil reserves and is now a phenomenal $876 billion in size. However, 2015

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There is no doubt that the real estate market has recently bailed out many investment funds who have seen their equity assets diminish in value. The collapse of the oil price has had a monumental impact upon equity markets. In days gone by oil and gas companies were seen as rocksolid but the fall in the oil price has certainly caught many people out.