Norway's sovereign wealth fund lost EUR 17.7bn in H1

Norway’s sovereign wealth fund, the world’s biggest, lost EUR 17.7 billion, equating to -3.4-percent rate of return, in the first half of the year as a rebound in stock markets wasn’t enough to erase its record decline earlier this year.

Norges Bank Investment Management Deputy Chief Executive Officer Trond Grande | Photo: PR / NBIM

by VICTOR EMIL KRISTENSEN

The Norwegian sovereign wealth fund's valuation can be monitored in real time on Norges Bank Investment Management's website.

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