NBIM loaded up on Greek equities

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NORWAY/GREECE - Norway's public pension fund appears to be the biggest proportional loser from knock-on effects of Greece's debt woes, after Norges Bank Investment Management (NBIM) boosted its holdings in Greek equities by 45.8% during the second half of 2009, according to analysis of publicly available data by researchers Ipreo.

Ipreo said most of NBIM's Greek holdings are on behalf of Norway's Government Pension Fund - Global, a continuation of the nation's Petroleum fund established in 1990. Greek shares have fallen by 1...

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