It is today's news that in the second quarter, the Norwegian sovereign wealth fund increased its exposure to the government bonds of various countries, including Italy. In fact, exposure to Italian government bonds rose to 43,698 billion Norwegian kroner (about 5,3 billion euro) at the end of the second quarter from 38,218 billion in the first quarter.
However, the greatest increase in positions was recorded in Japan, the United Kingdom and Germany, while the most substantial reduction involved Brazilian, Swedish and Canadian government bonds. The Norwegian fund, which at $885 billion is one of the world's largest investors, also increased its exposure to Russian assets to 50,7 billion kroner at the end of the second quarter from 47,3 billion at the end of the second quarter. 2013.
