Norway’s global sovereign wealth fund tops Nkr3 trillion

Funds held in Government Pension Fund Global, one of Norway's government owned sovereign wealth funds (SWF), has broken the Nkr3 trillion ($513 billion) ceiling for the first time in its 14-year history, the Norges Bank said on Tuesday.

"The fund has grown faster and bigger than most people expected since getting its first inflow of capital in May 1996," said Yngve Slyngstad, the chief executive officer of Norges Bank Investment Management (NBIM), which manages the fund. The market value of the

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