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The World’s Biggest Wealth Fund Hits $1 Trillion

TedTed
in The Bullpen
FYI: Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar.

The milestone valuation was reached for the first time on Sept. 19 at 02:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday.
Regards,
Ted
https://www.bloomberg.com//news/articles/2017-09-19/norway-wealth-fund-says-reached-1-trillion-in-value
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