10.03.2016 - Weakest return for Norway sovereign wealth fund since 2011
The world's biggest sovereign wealth fund, Norway's public pension fund, said Wednesday it posted a 2.7-percent return in 2015 owing to real estate and the global stock market recovery. It was however the fund's weakest performance since 2011. Investments posted returns of 334 billion kroner (35.6 billion euros, $39 billion at current exchange rates) last year, boosting the fund's value to 7,475 billion kroner (796 billion euros, $874 billion) as of the end of December...............................................Full Article: Source
Print