Norges Bank Investment Management (NBIM) reported another quarter of underperformance as its oil-backed Government Pension Fund Global (GPFG) struggled with geopolitical uncertainty and downside risk to public equities.NBIM narrowly missed the benchmark in Q3 with a 4.4% return, delivering a profit of NOK835 billion (US$76 billion) with results boosted by...
Norges Bank Investment Management (NBIM) reported another quarter of underperformance as its oil-backed Government Pension Fund Global (GPFG) struggled with geopolitical uncertainty and downside risk to public equities.NBIM narrowly missed the benchmark in Q3 with a 4.4% return, delivering a profit of NOK835 billion (US$76 billion) with results boosted by...