Norway Wealth Fund Was Hammered by Asian Equities
Posted on 10/30/2015
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), had a rough third quarter, posting a portfolio loss of -4.9%. Listed equities contributed a -8.6% return for the quarter, while real estate returned 3%. Overall, listed equities have provided a challenging environment for public institutional investors. Listed equities in Japan for NBIM returned […]
