Sovereign Investment

Norway and s Sovereign Investment Fund, formally known as the Global Government Pension Fund, is the world and s largest sovereign wealth fund, managing $1. 7 trillion in assets at the end of August 2024, according to data on the Bank and s website Norwegian nationals.

Simion and s plan provides for the establishment of a Sovereign Investment Fund on the model of the one existing in Norway *FSI proposed by Simion will not hold shares in state energy companies, but will be fed with 50% of the dividends granted and with royalties and other taxes of exploitation *Romanian citizens could become shareholders of this fund and would have the right of pre-emption for the sale of shares in state companies *Experts believe that such a fund cannot be implemented in the current national, regional and global economic conditions.

Liviu Dragnea and PSD proposed, in February 2017, the establishment of the Sovereign Development and Investment Fund in 2017, the measure being part of the governing program of the social democrats for the period 2016-2020.

The future Sovereign Investment Fund, provided for by the Simion Plan and the AUR program, should be subordinated to the Parliament, lawyer Gheorghe Piperea, MEP from our country, told us.

The establishment of a sovereign investment fund is extremely welcome, but such a financial instrument should be established only under the authority of the National Bank of Romania, the only institution capable of eliminating political interests and pressures, claims university professor Dr. Mircea Cosea, expert in economy.

The Sovereign Investment Fund proposed by the Simion Plan should be established according to the Proprietatea Fund model, claims Adrian Codirlasu, the vice-president of CFA Romania.

Turkey and s sovereign investment fund is analyzing whether to sell its 26. 2% stake in Turkcell Iletisim Hizmetleri AS, the country and s largest telecommunications operator, according to sources cited by Bloomberg.

Trond Grande, Norges Bank Investment Management: We had magnificences last year, which led to slightly more dispersed returns for the seven names this quarter * The fund had shares in Hidroelectrica, Banca Transilvania, OMV Petrom or Sphera at the end of last year .