05.11.2010 - Stockpickers return to form at Norway's sovereign fund
From Efinancialnews.com: In Norway, stockpickers are back. The country's 356bn sovereign wealth fund said this morning it had made an extra 1.4bn on its money thanks to their efforts in the third quarter, after a dismal showing in the second. By the by, the fund also confirmed a 450m deal to buy up a large chunk of London's Regent Street. Norway's Government Pension Fund reported one of its best-ever quarterly results this morning, 7.2%, as stockmarkets swung upwards and government and corporate bond prices also rose..............................................Full Article: Source
Print