An economically fragmented world, where different economic blocs refuse to collaborate, impose tariffs and restrict foreign investments, would have disastrous consequences on the $2.2 trillion portfolio of Norges Bank Investment Management. Its latest stress test offers a rare glimpse into the concrete portfolio impact of deglobalisation.
A shakeup of service providers is expected at Norway’s $456.4 billion (NOK 2,549 billion) Government Pension Fund Global, as the sovereign wealth fund gains approval to invest up to 5 per cent in real estate, at the expense of bonds, at the same time it looks to fill equities mandates in 21 different regions and
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