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Norway’s $1 trillion fund has a problem

It’s the very definition of a first-world problem, but Norway’s $1 trillion sovereign wealth fund (SWF) is wrestling with whether to make its investment portfolio less diverse. It’s a subject that cuts to the heart of the “active manager versus passive index” debate. As part of a long-running review, which will lift the fund’s equity allocation to 70 percent, the ...

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There’s one way to tackle Facebook and Google

Wouldn’t it be wonderful, with the wealth of information available on the internet today, to go back to the nice village feel of the web’s earliest days, when it was free to almost everyone who had access to it, personal data weren’t bought and sold, important decisions weren’t made by algorithms and online bullying, harassment and disinformation were non-issues outside ...

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VW to roll out $21,000 e-car to challenge Tesla

Bloomberg Volkswagen AG plans to add a subcompact crossover costing about 18,000 euros ($21,000) to its all-electric I.D. range, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla Inc., according to people familiar with the matter. The entry level vehicle may be built at VW’s factory in Emden, Germany, said the people, who asked not ...

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