| From Bloomberg: Norway’s sovereign wealth fund, the world’s second largest, suffered its biggest quarterly decline as the worst financial crisis since the Great Depression battered global stock markets.
The Government Pension Fund - Global’s investments fell 7.7 percent in the third quarter as measured by a weighted basket of currencies, Norway’s central bank said today. The fund lost 13.1 percent on stocks and 1.2 percent on bonds, resulting in the biggest quarterly decline since its inception in 1996. .... Full Article: Source
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