Norway's wealth fund earned US$46b in Q1 as stocks rose | Money
Wednesday, 21 Apr 2021 04:47 PM MYT The deputy CEO of the Norwegian sovereign wealth fund Trond Grande speaks at a news conference at the Norwegian central bank in Oslo August 18, 2020. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. OSLO, April 21 — Norway’s US$1.3 trillion (RM5.3 trillion) sovereign wealth fund, the world’s largest, posted a first-quarter profit thanks to strong stock markets, it said today. The fund had a 4.0 per cent return on investment, earning 382 billion crowns (RM188.1 billion) between January and March, beatin...