Busting project Fear - Norway Backs BrExit Watch

PilgrimOfTruth
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#1
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Norway wealth fund shrugs off Brexit

Brilliant news for BrExit !

https://uk.reuters.com/article/uk-no...-idUKKCN1QG1RO

"Norway’s $1 trillion (£753 billion) sovereign wealth fund, the world’s biggest, said on Wednesday it planned to keep increasing its investments in Britain, and it shrugged off uncertainties about Brexit.

"The fund, built from Norway’s oil and gas revenues and one of the biggest investors in Britain, said 8.5 percent of its portfolio was in British equities, bonds and real estate at the end of 2018. "

"“We see no operational consequences of any possible outcomes,” he said. He said that the fund had almost 250 staff in London and would stay at that level regardless of the outcome of the Brexit talks. "
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HighOnGoofballs
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#2
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"It planned to keep increasing..."

So it was going to do it regardless of whether we left or stayed.

Meaning, your "brilliant news for BrExit" has got literally nothing to do with Brexit, and it certainly not caused by Brexit.
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Quady
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(Original post by PilgrimOfTruth)
Norway wealth fund shrugs off Brexit

Brilliant news for BrExit !

https://uk.reuters.com/article/uk-no...-idUKKCN1QG1RO

"Norway’s $1 trillion (£753 billion) sovereign wealth fund, the world’s biggest, said on Wednesday it planned to keep increasing its investments in Britain, and it shrugged off uncertainties about Brexit.

"The fund, built from Norway’s oil and gas revenues and one of the biggest investors in Britain, said 8.5 percent of its portfolio was in British equities, bonds and real estate at the end of 2018. "

"“We see no operational consequences of any possible outcomes,” he said. He said that the fund had almost 250 staff in London and would stay at that level regardless of the outcome of the Brexit talks. "
Will it increase its $1bn investment in the UK faster than inflation?

Why do you want Norway to continue to buy up British companies? This should stop with Brexit.
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Captain Haddock
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Now I can rest easy knowing that even after Brexit happens foreign interests will still be here to extract billions in unearned income from our country. Gotta love that sovereignty.
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gladders
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This shows how Brexit is awful. The Norwegians are taking advantage of the Brexit fire sale of British businesses.


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