Biggest Wealth Fund to Expand Liquidity to New Markets
This article is for subscribers only.
Norway’s $860 billion sovereign wealth fund, the world’s largest, is expanding its securities lending to new markets where it also plans to provide liquidity as part of a strategy to generate higher returns.
“We already have a security lending program, but we will expand that into more types of specific liquidity commissioning strategies,” Yngve Slyngstad, chief executive officer of the Oslo-based fund, said during a seminar today. “We will come back to the details about that later.”