May 4, 2018 / 6:55 AM / 2 months ago

Norway's $1 trillion fund says high return is key objective

OSLO, May 4 (Reuters) - Norway’s $1 trillion sovereign wealth fund, the world’s largest, continues to seek high returns regardless of its other objectives, its chief executive told an annual hearing in parliament on Friday.

“We manage the financial wealth of future generations in a controlled, efficient, responsible and transparent manner. But we will never lose sight of the fact that the objective is a high return,” CEO Yngve Slyngstad said. (Reporting by Terje Solsvik, editing by Camilla Knudsen)

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