Norges Bank Investment Management had a 5.3% stake in UBS as of July 26, according to S&P Global Market Intelligence. That makes it the bank's biggest...
Norway’s $1.4 trillion investment fund has become the biggest investor in Swiss banking giant UBS, which recently reported a hefty profit after buying fallen rival Credit Suisse.
That puts NBIM at the top, followed by U.S. mutual fund group Dodge & Cox with a 4.8% stake and BlackRock at No. 3 with a 4.3% chunk of the Swiss bank. The wealth fund has been a consistent investor in UBS since 1998, according to the company’s investment history.
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