OSLO Oct 18 Norway's sovereign wealth fund
should raise its share of equities investments to 70 percent
from 60 percent, the majority on a government-appointed
commission will say on Tuesday, daily Dagens Naeringsliv
reported, citing unnamed sources.
The head of the commission will dissent with the opinion of
the majority on the commission and say that the fund should cut
its investments in equities to 50 percent, the newspaper
The commission will publish its conclusions at 1100 CET
(0900 GMT). They will be used by the Norwegian finance ministry
in its annual white paper in April. The central bank, which
manages the fund, will present its own proposals in December.
Any reallocation of the fund's assets is expected to take
(Reporting by Camilla Knudsen, writing by Gwladys Fouche,
editing by Terje Solsvik)