Norway GPFG Takes US$ 33.8 Billion Loss

Posted on 10/28/2023


Norges Bank oversees NBIM. Norway GPFG controls US$ 1.4 trillion in assets, but it lost a substantial sum of US$ 33.8 billion in Q3. Multiple assets fell in value, disappointing the oil-rich sovereign. Norway GPFG is a sort of activist investor. Although ESG is now a contested concept, Norway GPFG continues to push ahead. The…

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