Amid Market Downturn, Norway’s Sovereign Wealth Fund Plunged More Money into Equities
Posted on 02/28/2019
Norges Bank Investment Management (NBIM), the overseer of Norway Government Pension Fund Global (GPFG), returned -6.12%, or -485 billion NOK, for calendar year 2018. Equity investments generated a -9.49% return for 2018, while fixed income generated a 0.56% return. Unlisted real estate investments for 2018 posted a 7.53% return. For comparison’s sake, in calendar year […]
