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Sovereign Wealth Funds Briefing - Categorized | Performance

Return to the straight and narrow

Posted on 29 May 2009

From Globalpensions.com: Norway’s two largest pension schemes, the NOK2,275bn (US$329bn) Government Pension Fund - Global suffered the worst losses in its history during 2008 with a 23.3% loss. Its domestic equivalent - the NOK87.8bn (US$12.3bn), Government Pension Fund - Norway suffered a similar fate reporting a 25% loss during 2008 with plummeting equity markets being blamed for the losses.
However, with no end in sight to the market turbulence what are Norwegian pension funds doing to try and stem the tide of losses and get back on track?……Full Article: Source


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


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