Norway SWF suffers weakest quarter in two years


Norway's sovereign wealth fund (SWF) saw its worst quarterly performance in over two years between July and September, as losses on European equity investments dragged overall returns down to $2.26 billion, or 0.1%, according to figures published today by Norges Bank.

"Increased geopolitical uncertainty in the vicinity of the euro area contributed to a negative return on European stocks," said Yngve Slyngstad, head of Norges Bank Investment Management (NBIM), the central bank arm that manages th

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