[Norwegian Sovereign Wealth Fund Plans to Reduce U.S. Treasury Holdings by Approximately $80 Billion] According to a report by Jinse Finance on September 4, citing the Financial Times, the Norwegian Sovereign Wealth Fund, which manages $2.3 trillion in assets, has proposed adjusting its government bond portfolio to seek higher returns by allocating to other types of debt assets. Norges Bank Investment Management (NBIM) sent a letter to the Norwegian Ministry of Finance on Tuesday, recommending that the weight of government debt in the fund's benchmark bond index be reduced from 70% to 50%. It is estimated that this adjustment would reduce the fund's global government bond allocation by approximately $106 billion, with the majority of the reduction coming from U.S. Treasuries. Currently, slightly less than 26% of the fund's total assets are allocated to fixed-income assets. NBIM has proposed lowering the fund's exposure to U.S. Treasuries by 12.2 percentage points while increasing the proportion of non-government U.S. fixed-income assets by 11.4 percentage points. It is estimated that this would reduce the fund's allocation to U.S. Treasuries by nearly $80 billion. Additionally, the fund's allocation to U.K. government bonds will remain unchanged, while its allocation to Japanese government bonds will increase by 2.8 percentage points. (Jin10)