Norway Plans $63.6 Billion Withdrawal from Wealth Fund in 2027

Government Seeks Higher Fund Spending to Finance Public Expenditure Norway’s minority Labour government has proposed withdrawing 608.4 billion Norwegian crowns ($63.6 billion) from the country’s sovereign wealth fund in 2027 to help finance public spending. The planned withdrawal would be higher than the 583.4 billion crowns revised for 2026, according to the government’s 2027 budget […]

India’s Largest Asset Manager Attracts Top Sovereign Wealth Funds in $1.2 Billion IPO

India’s capital markets are preparing for one of the year’s biggest listings as SBI Funds Management, the country’s largest asset manager, has secured strong interest from some of the world’s most influential sovereign wealth funds ahead of its planned $1.2 billion initial public offering (IPO). The development highlights growing international confidence in India’s financial sector […]