With public markets peaking, Norway’s US$1.4 trillion Government Pension Fund Global (GPFG) returned a meagre 0.1% in Q321 – an increase of NOK31 billion (US$3.7 billion) over the previous quarter – but was still able to beat its benchmark index by 0.25 percentage points.The depreciation of the krone provided a...
With public markets peaking, Norway’s US$1.4 trillion Government Pension Fund Global (GPFG) returned a meagre 0.1% in Q321 – an increase of NOK31 billion (US$3.7 billion) over the previous quarter – but was still able to beat its benchmark index by 0.25 percentage points.The depreciation of the krone provided a...