Norway's wealth fund removes Brexit uncertainty from UK property portfolio valuation

28 October 2016 - 16:10
By REUTERS

Norway's $870 billion sovereign wealth fund, the world's largest, has removed the valuation risk premium it had placed on its British property portfolio following Britain's vote to leave the EU, it said on Friday when publishing its full third-quarter results. The fund is one of Britain's biggest foreign investors, owning shares in most top UK companies and holding $11 billion in government bonds.

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