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CEO of Norway’s oil fund unfazed by potential market correction

Last year’s buoyant stock markets helped deliver an investment return of over a trillion Norwegian kroner to Norway’s giant sovereign wealth fund, the Government Pension Fund Global (GPFG). But while many investors now say overbought equities might be set for a downwards correction, the GPFG’s top manager Yngve Slyngstad tells AMWatch that’s just the scenario that would help the fund.

Yngve Slyngstad, Chief Executive of Norway's giant oil fund. Photo: NBIM

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