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Insight: Norway's $833 billion oil fund eyes riskier bets

Published 01/21/2014, By Gwladys Fouche and Joachim Dagenborg

OSLO - In May 2012 the world's largest sovereign wealth fund joined U.S. investors BlackRock and Waddell & Reed to buy a $1.6 billion stake in motor racing's Formula One. The people who had worked on the deal for months were looking forward to celebrating their hard work.

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