3Q: Oil and Gas Stocks Perform Well for Norwegian SWF
Posted on 10/29/2017
Norway’s Government Pension Fund Global (GPFG) returned 3.2%, or 192 billion NOK, in the third quarter of 2017. Listed equity investments were the prime driver of returns at 4.3%, while fixed income investments returned 0.8%. Furthermore, the sovereign fund topped US$ 1 trillion dollars during the third quarter period, however, ending just under US$ 1 […]