Norway foreign investments options for individuals
Original Story / Photograph Credit: pexel.com
In 2017, Norway’s sovereign wealth fund just hit a grand total of US $1 trillion dollars. Just in case you’re wondering, 12 zeroes looks like this: $1,000,000,000,000
The number is 2.5 times Norway’s annual GDP and serves as the largest sovereign wealth fund in the world. It has also somewhat predictably triggered a new round of consternation among Albertans, mourning the state of their own fund currently worth a measly $17.2 billion.
Today, that figure is still skyrocketing, even more than $1,000,000,000,000.
Norway’s growing funds does not, however, sit idly, the country is constantly working to increase that funds through investments and diversification.
According to its official website, the fund has a small stake in more than 9,000 companies worldwide, including the likes of Apple, Nestlé, Microsoft and Samsung. On average, the fund holds 1.4 percent of all of the world’s listed companies.
How Norway diversifies the fund serves as a good case for an investment class in foreign investment as the fund is one of the world’s largest and is broadly invested across countries, sectors and currencies. It holds shares, bonds and real estate all around the world, but invests only abroad so that the Norwegian economy does not overheat.
If you need additional information on the case for foreign investments and diversification of wealth, according to The US chamber, similar to trade, international investment is critical to American jobs and competitiveness. In addition to exporting, U.S. corporations can access new customers in foreign markets by investing abroad, creating foreign affiliates and becoming multinationals in the process. Sales by majority-owned foreign affiliates topped $5.7 trillion in 2016 (latest available)—a sum representing nearly one-third of U.S. multinational corporations’ total sales. Many of America’s largest companies earn more than half their revenue in this way.
Using the list of Norway’s investments, we are making 5 strong cases for investment diversification for individuals considering African foreign investments.
1. Real Estate Stocks
Investing in real estate stocks is an accessible way to diversify funds without having to buy real estate as well. It is also easy to start however requires a lot of research and information before you venture into it. A strong form of investment, Norway has approximately hundreds of billions invested in real estate and properties. Click here to learn more about this investment option.
2. Artnoise Investment Program
An International Company creating and selling arts and cultural products with an easily accessible program available to investors, Artnoise investment program makes a case for international investors interested in wealth diversification. Norway fund has over $250,000,000 invested in arts products. Click here to learn more about this investment option.
3. Mining Indaba mineral investment conference
Investing in African Mining Indaba is the worlds largest mining investment conference, dedicated to the capitalisation and development of mining in Africa. This conference provides an opportunity for investors to meet mining companies. Norway fund has billions of dollars invested in Minerals companies. Click here to learn more about this investment option.
4. Pork money Agrobusiness Investment
Pork money is an investment platform that uses pig farming as a model to generate income. They are currently one of the most popular platforms, offering rates as high as 30% in just 11 months. Porkmoney also offers insurance so you won’t lose any of your investments. Register now on the platform here. Norway fund has over $500,000,000 in agribusiness and similar divestments.
And if you are specifically interested in agribusinesses for investments, read about them here
5. Afrinvest Financial Investment
One of the largest investments, Norway fund has billions invested in finance equities and technology. Click here to learn more about this investment option.
To learn about quick investments for Nigerians, read more here.