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The Latest Breaking News from Norges

Zepto IPO anchor book nears closure; Norges, Motilal Oswal may take 40-45%

In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest in Zepto's upcoming initial public offering, which is valued at approximately Rs 11,000 crore. The anchor book is approaching its closure, with these investors poised to capture a substantial share. Zepto's valuation for…

The Economic Times

Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden

Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum site

The Guardian - UK

$2T Norway oil fund CEO: AI boom creates concentration risk ‘we have never seen before’

Nicolai Tangen’s $2 trillion oil fund holds billions in AI companies, but he thinks they’re emerging as a key risk area.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

‘If artificial intelligence creates better art, what’s wrong with that?’ Top Norwegian investor and art collector Nicolai Tangen

The head investor of Norway’s sovereign wealth fund worries more about AI affecting the country’s portfolio than his own collection of paintings

The Guardian - UK

World's Biggest Sovereign Wealth Fund Cashes Out Of Rivian, Trims Tesla Stake, But Bulks Up On This Chinese EV Maker

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.

Benzinga

Norwegian Central Bank Substantially Reduces Stakes In Alibaba And This Chipmaker: Here's What Norges Bought Instead

Amid the ongoing tech rout, Norges Bank made some cosmetic moves on its tech investments, barring a few liquidations and stake builds.

Benzinga

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