16.03.2015 - Norwegian sovereign wealth fund achieves 7.6 pct return in 2014
Norway's sovereign wealth fund returned 7.6 percent, or 544 billion Norwegian kroner (67 billion U.S. dollars), in 2014, with positive results for all its asset classes, but underperformed its benchmarks, the fund said on Friday. Equity investments returned 7.9 percent, fixed-income investments 6.9 percent, and real estate investments 10.4 percent for the fund, formally known as the Government Pension Fund Global (GPFG) and ranked as the world's biggest sovereign wealth fund, it said in a statement...............................................Full Article: Source
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