Tag: #GainsDespiteCOVID-19
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Norway’s Sovereign Wealth Fund Racks Gains Despite COVID-19
Oslo, Jan 28 (AFP/APP): Norway’s sovereign wealth fund, the world’s biggest, racked up gains of more than 100 billion euros in 2020 despite market turbulence caused by the coronavirus pandemic, the central bank said Thursday. The fund registered a return of 10.9 percent last year, or 1.07 trillion kroner (101.5 billion euros) — its second biggest gain…