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UAO Daily Video Brief — September 3: Norway accepts the concentration it cannot easily hedge

Norges Bank told its owner not to cap the largest companies in its equity index and published the cap back-tests behind that advice. Its second letter proposes the change it will make: to the bond benchmark.

UAO Daily Video Brief — September 3: Norway accepts the concentration it cannot easily hedge

The Universal Owner · Daily video briefing · Thursday, September 3, 2026

Norges Bank told its owner not to cap the largest companies in its equity index and published the cap back-tests behind that advice. Its second letter proposes the change it will make: to the bond benchmark.

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