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Norway pension fund looks for investment opportunity in India.

PTI - The Press Trust of India Ltd.

| March 21, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Norway pension fund looks for investment opportunity in India

New Delhi, Mar 21 (PTI) Norwegian Government-owned pension fund, which has invested in stocks of 80 Indian companies, today said its investment in Indian capital markets would grow to half a billion dollars in a year's time.

Size of the fund is 200 billion dollars and is meant to invest in capital markets around the world, Norges Bank (Norway's Central Bank) Governor Svin Gedrem said at an interaction with CII members.

The fund is managed by Norges Bank Investment Maagemnt (NBIM), an investment arm of the central bank.

Seeking advice from CII members about investment in stocks of Indian companies, NBIM Executive Director ...

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Source: HighBeam Research, Norway pension fund looks for investment opportunity in India.

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