The world’s largest sovereign fund loses 43.5 billion dollars in the third quarteR
Norway’s wealth fund, the world’s largest with $1.15 trillion in assets, said Friday it incurred a loss of 449 billion Norwegian crowns ($43.47 billion) in the third quarter of 2022, as it was hit by high interest rates, inflation and war in Europe. The fund’s return on investment was negative 4.4 percent in the July-September …
The world’s largest sovereign fund loses 43.5 billion dollars in the third quarteR Read More »