30.04.2015 - Norwegian sovereign wealth fund achieves highest quarterly return
Norway's sovereign wealth fund achieved a return of 5.3 percent, or 401 billion kroner (53 billion U.S. dollars), in the first quarter of 2015, the highest ever quarterly return in krone terms, the fund said on Wednesday. Previously the two best quarters in the fund's history in krone terms were back in 2009 when the fund returned 270 billion kroner in the second quarter and 325 billion kroner in the third, according to a statement of the fund, formally known as the Government Pension Fund Global (GPFG) and ranked as the world's biggest sovereign wealth fund...............................................Full Article: Source
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