02.05.2014 - Norwegian sovereign wealth fund gains 1.7% in first quarter
Norway's Government Pension Fund Global said on Wednesday that its portfolio gained a mere 1.7% in the first quarter, the lowest return for the world's largest sovereign wealth fund since the second quarter of last year. The so-called “oil fund” saw its equities holdings, which account for almost two-thirds of its 5.1 trillion kroner (€618.6bn) in assets under management, appreciate by 1.5% in the three months to March 31, while fixed income investments delivered returns of 2%...............................................Full Article: Source
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