World’s Biggest Sovereign Wealth Fund Committed to UK

The world’s biggest sovereign wealth fund will continue to invest in the U.K. no matter what the outcome of Brexit talks.“We remain a long-term and committed investor in the U.K. in all asset classes,” Chief Executive Officer Yngve Slyngstad said at a press conference in Oslo, where the Norwegian fund is based.Macron Sort of Likes the Sound of Corbyn’s Plan: Brexit Update“We have a substantial real estate portfolio in London and we have a substantial investment in the equity markets and the fixed income markets,” he said. “And these will remain at about the same level no matter what the event with regards to these political discussions will be.”

Source: $1 Trillion Fund Committed to U.K. No Matter What Brexit Outcome – Bloomberg

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.