Oil fund loads up on equities

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NORWAY - The Government Pension Fund - Global (Oil Fund) has been buying a "considerable volume" of equities lately to take advantage of low valuations, Norges Bank deputy governor Jan Qvigstad has said.

In a speech at a meeting for financial sector representatives at the Royal Norwegian Embassy in Geneva, Qvigstad said: "This is the very foundation of the investment strategy with its high allocati...

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