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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Norway’s wealth fund back on top form in 2012

Posted on 12 March 2013

Norway’s sovereign wealth fund, one of the world’s biggest investors, grew by around $100 billion (€76.9 billion) in 2012, sealing one of its best years on record as it benefited from the striking upturn by stock markets.
Known as the ‘oil fund’, it invests revenue from Norway’s lucrative oil industry for the country’s future. It is now worth around $710 billion (€546.6 billion), 40 per cent more than the value of the entire Norwegian economy………………………………………..Full Article: Source


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