01-02-2023, 06:50 PM
![](https://i.imgur.com/CLvY2jA.png")
Norway’s gigantic sovereign wealth fund loses a record US$164 billion
01-02-2023, 06:53 PM
the benchmark it with ho ching investment and her advice
that why
that why
01-02-2023, 06:53 PM
Norway’s Government Pension Fund Global, among the world’s largest investors, returned -14.1% last year.
“The market was impacted by war in Europe, high inflation, and rising interest rates. This negatively impacted both the equity market and bond market at the same time, which is very unusual,” said Norges Bank Investment Management CEO Nicolai Tangen.
....
The $1.3 trillion fund was established in the 1990s to invest the surplus revenues of Norway’s oil and gas sector. To date, the fund has invested in more than 9,300 companies in 70 countries around the world.
“The market was impacted by war in Europe, high inflation, and rising interest rates. This negatively impacted both the equity market and bond market at the same time, which is very unusual,” said Norges Bank Investment Management CEO Nicolai Tangen.
....
The $1.3 trillion fund was established in the 1990s to invest the surplus revenues of Norway’s oil and gas sector. To date, the fund has invested in more than 9,300 companies in 70 countries around the world.
« Next Oldest | Next Newest »
Users browsing this thread: 1 Guest(s)
