| 21.05.2009 - External managers blamed for performance of Norwegian oil fund |
| From Citywire.co.uk: The €236 billion Norwegian Government Pension Fund - Global, also known as the Norwegian Oil fund, has reported a negative return of 4.8% during the first quarter of this year. This means a loss from the sovereign wealth fund of some NOK66 billion (€7.53 billion), although it only represents a modest underperformance of -0.3% from its custom benchmark.......Full Article: Source |