It is the second time in two months Norway’s $2.4T sovereign wealth fund invested in shopping centers—and only the third time ever.
In an online post, President Donald Trump wrote that he intends the measure to mitigate the housing crisis resulting from an upward spiral of costs.
The pension giant’s alts holdings have ballooned to $27.3 billion from $1.3 million over the past decade, with room to grow.
The New York State Common Retirement Fund has now gone nine of the past 11 months without allocating a dollar to public equities.
