World’s Largest Sovereign Wealth Fund Proposes Selling Part of Its US Treasury Holdings
Norges Bank Investment Management is also trimming euro area holdings while boosting its portfolio of Japanese government bonds.
Norway’s $2.3 trillion sovereign wealth fund has proposed reducing its global government bond holdings from 70 percent to 50 percent. This strategic shift aims to diversify risk exposure and potentially improve returns. Consequently, the fund’s holdings of U.S. Treasury securities would see a substantial decrease.
- Norway’s $2.3 trillion sovereign wealth fund proposes trimming global government bond holdings.
- The fund seeks to diversify risk exposure and bolster returns.
- Government bond holdings would decrease from 70 percent to 50 percent.
- U.S. Treasury holdings would decrease from 34.1 percent to 21.9 percent.
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