{"id":1199,"date":"2015-07-20T07:10:33","date_gmt":"2015-07-20T07:10:33","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1199"},"modified":"2015-07-20T07:10:33","modified_gmt":"2015-07-20T07:10:33","slug":"the-wealth-on-norwegian-oil","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1199","title":{"rendered":"The Wealth on Norwegian Oil"},"content":{"rendered":"<p>Norway is one of the world&#8217;s richest nations.<br \/>\nThe reason for its huge wealth is down to its oil and the careful investment management of the money.<\/p>\n<p>Norway set up a fund to manage its oil wealth, it is called the Government Pension Fund Global, sometimes known as Norway&#8217;s Sovereign Wealth Fund. It started this fund, in 1995, that is only 20 years ago.<\/p>\n<p><a href=\"http:\/\/www.nbim.no\/en\/the-fund\/\" target=\"_blank\">http:\/\/www.nbim.no\/en\/the-fund\/<\/a><\/p>\n<p>The figures are incredible.<\/p>\n<p>Over 7000 Billion Norwegian Krona = <strong>\u00a3560 Billion Pounds.<\/strong><\/p>\n<p>That is about 35% of the total annual GDP of the UK.<\/p>\n<p>60% is held in Equities<br \/>\n35% in Bonds<br \/>\n5% in Property<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norway is one of the world&#8217;s richest nations. The reason for its huge wealth is down to its oil and the careful investment management of the money. Norway set up a fund to manage its oil wealth, it is called the Government Pension Fund Global, sometimes known as Norway&#8217;s Sovereign Wealth Fund. It started this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1199","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1199"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1199\/revisions"}],"predecessor-version":[{"id":1201,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1199\/revisions\/1201"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}