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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Norwegian oil fund gains as stock markets rally

Posted on 29 April 2013

Norway’s sovereign wealth fund, the world’s largest, gained 219 billion kroner ($37 billion) in the first quarter as stocks surged amid unprecedented stimulus from central banks to boost economic growth.
The $728 billion Government Pension Fund Global returned 5.4 percent in the first three months of the year, the Oslo- based investor said today. Stocks returned 8.3 percent, while bond investments climbed 1.1 percent. Real estate investments lost 0.3 percent………………………………………..Full Article: Source


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