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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Norway’s fund lost 2pct on government bonds amid Japanese slump

Posted on 12 August 2013

Norway’s sovereign wealth fund, the world’s largest, said it lost 2 percent on its government bond holdings in the second quarter as the value of its Japanese securities and inflation-linked debt declined.
“The rise in yields meant that most fixed-income sectors produced a negative return for the quarter,” the fund said in a statement today. “Uncertainty in fixed-income markets also increased.”……………………………………….Full Article: Source


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