Sat, Jul 2, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Research

Norway’s wealth fund – key points

Posted on 18 August 2016

Norway’s $890bn oil fund – the world’s largest sovereign wealth fund – eked a 1.3 per cent return in the second quarter, despite market volatility in the wake of the Brexit vote. Here fastFT pulls out some key figures from its second quarter performance.
The fund was not immune from the market turmoil that followed Britain’s vote to leave Europe. Precisely 59.6 per cent of the fund is invested in equities, which returned 0.7 per cent during the quarter but returns on European equities – 37.2 per cent of the fund’s total equities investments – fell 3 per cent. The UK is the fund’s biggest European market, accounting for 10.6 per cent of its equity investments and returned -3.4 per cent during the quarter………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2022
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031