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 Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

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