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Norway's Wealth Fund Doubles Return In 2017 As Stock Market Booms

TedTed
in The Bullpen
FYI: Norway’s $1 trillion sovereign wealth fund, the world’s largest, doubled its return on investment in 2017, beating its benchmark, as strong global stock markets boosted the value of the portfolio, it said on Tuesday.

The fund earned a return of 13.7 percent in 2017, up from 6.9 percent in 2016.
Regards,
Ted
https://www.reuters.com/article/us-norway-swf/norways-wealth-fund-doubles-return-in-2017-as-stock-market-booms-idUSKCN1GB0Y7
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