The Anonymous Widower

World’s Top Wealth Fund Puts Billions Into Britain

The title of this post is the same as that of a news story on the front page of today’s copy of The Times.

There is a subtitle to the article.

UK will be stronger after Brexit, Norwegians say.

Some points from the article.

• Norway’s wealth fund is worth £740billion.
• The fund owns £62billion of UK investments.
• Britain is the third largest market for their investments.
• The fund works to a thirty-year-plus investment strategy.
• The fund is co-owner of Regent Street.
• The fund is a top five investor in companies.

I feel a smidgen of pride, that Artemis, which was the project management software, that  I wrote; in the late 1970s, had played small part in the creation of Norway’s wealth from oil and gas.

February 28, 2019 - Posted by AnonW | Finance, World | Artemis, Brexit, Norway