Norway Fund Lost More Than 5% in Past Mth, Slyngstad Says: E24



BN 08/26 20:51 *NORWAY FUND LOST MORE THAN 5% IN PAST MTH, SLYNGSTAD SAYS: E24

Norway Fund Lost More Than 5% in Past Mth, Slyngstad Says: E24
2015-08-26 21:02:21.281 GMT


By Jonas Bergman
(Bloomberg) -- In end we have to invest in risk, can’t
place everything in the bank, Norway wealth fund CEO Yngve
Slyngstad says in pod cast with Staavi and Valebrokk, according
E24 web site.

* Says China’s transition to more consumer-driven economy
looking difficult, Chinese leaders aware changes needed: E24
* Says getting micro-picture from companies, hard to get
overall view: E24
* Says China won’t completely halt, but first time an economy
enacts such large changes in such a short time: E24
* NOTE: Fund is world’s largest sovereign wealth fund


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jbergman@bloomberg.net