| 01.11.2011 - Norwegian pension fund rocked by third quarter loss |
| The Norwegian Government Pension Fund Global reported its second weakest quarter results ever as it was rocked by the effects of the global economic downturn. The fund, which is the world’s second largest sovereign wealth fund, lost 8.8% - or €37 billion in euro terms - over the third quarter of 2011. The market value of the fund also dropped €7 billion to €339 billion...............................................Full Article: Source |