The Order Book Edge

The Order Book Edge

World’s Largest Wealth Fund Faces Record $37 Billion Withdrawal

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The Order Book Edge
May 15, 2020
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Here is the general gist of it:

Norway plans to draw a record 382 billion kroner ($37 billion) from its wealth fund, forcing the world’s biggest sovereign investor to embark on an historic asset sale to generate cash.

Norway and some others countries have done it smartly instead of just going to printing cash machine.

For the first time, Norway’s governmen…

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