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Norway's $610B sovereign wealth fund - which rejected taking part in the Greek debt swap - sold...

Norway's $610B sovereign wealth fund - which rejected taking part in the Greek debt swap - sold all of its Irish and Portuguese government paper in Q1, and added debt from emerging markets. "In many (EU) countries, there are macroeconomic challenges," says the fund CEO, hinting the sales won't be limited to those two states.
Comments (2)
  • Paul Price
    , contributor
    Comments (1516) | Send Message
     
    Smart move getting out of all that junk debt.
    4 May 2012, 07:51 AM Reply Like
  • Rhianni32
    , contributor
    Comments (2077) | Send Message
     
    I'm a tad surprised they held any but probably smart that they did dump what they had.
    4 May 2012, 10:44 AM Reply Like
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