A bi-annual survey of northern European investors, conducted by Scandinavian bank SEB, found that, despite a slight dip in investor sentiment, companies were largely still pursuing their long-term growth plans in China.
Latest articles from Norway
In 2012, merger and acquisition activity in the Nordic region experienced significant levels of growth, while in western Europe activity declined by almost the same amount.
Though Oslo lags behind Scandinavian rivals Stockholm and Copenhagen when it comes to attracting FDI, the Norwegian capital's commissioner for culture and business is confident that the combination of a diversifying of its economy, the formation of a new investment promotion agency, and the city's high quality of life will see the gap narrowed.
With the recent discovery of offshore gas in Tanzania set to increase the country's annual revenue by up to $3bn, president Jakaya Kikwete has announced the possibility of establishing a sovereign wealth fund.
The world's economic balance is shifting, and sovereign wealth funds are starting to cut their exposure to developed economies and head towards emerging markets. But facing challenges such as limited availability of 'free-float' equity, the move does not come without risk.
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