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Norway SWF owns 2.25 pct of European equity mkt -CEO
March 16, 2012 / 9:26 AM / 6 years ago

Norway SWF owns 2.25 pct of European equity mkt -CEO

OSLO, March 16 (Reuters) - Norway’s sovereign wealth fund, commonly known as the oil fund, now holds 2.25 percent of the total European equity market, the fund’s chief executive Yngve Slyngstad told a news conference on Friday.

The fund bought Europan shares for more than 150 billion crowns ($25.90 billion) since the summer of 2011 through the end of the year, said Yngve Slyngstad. ($1 = 5.7915 Norwegian kroner) (Reporting by Victoria Klesty and Joachim Dagenborg)

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