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Norway's Wealth Fund Had Negative Return In The First Quarter

TedTed
in The Bullpen
FYI: Norway’s $1 trillion sovereign wealth fund, the world’s largest, saw a negative return on investments in the first quarter, primarily due to falling stock markets, it said on Friday.

The fund’s return was minus 1.5 percent, slightly better than its own benchmark but lagging the positive return of 3.5 percent seen in the final quarter of 2017.
Regards,
Ted
https://www.reuters.com/article/us-norway-swf/norways-wealth-fund-had-negative-return-in-the-first-quarter-idUSKBN1HY0W3
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