Norway wealth fund should move more investment to North America, central bank says

OSLO (Reuters) - Norway's $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets to seek higher returns, the fund's manager recommended on Tuesday.The world's largest sovereign wealth fund has historically given higher weighting to European stocks, focusing on countries that Norway does the most trade with, and a lower weighting to those of North America. But the Norwegian..