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Nobel Prize Funds Grow Under Prudent Swedish Stewardship
Stockholm reports the Nobel Foundation now backs prizes worth over 600000 dollars annually and holds about 37 million dollars in assets. Baron Stig Ramel runs a cautious, long term portfolio with 90 percent Swedish and 10 percent abroad including U S stocks, aiming to beat inflation while expanding leverage to 25 percent in overseas holdings.
MENTIONED IN THIS ARTICLE
Stockholm
Nobel Foundation
Baron Stig Ramel
Foundation
Baron Kamel
Sweden
Baron Ramel
United States