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

OSLO (Reuters) - Norway's $1 trillion (£815 billion) sovereign wealth fund, the world's largest, should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday.The 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 central bank, which..