Norway’s $1.7 Trillion Wealth Fund Rakes in $138 Billion in H1

Norway’s massive sovereign wealth fund, which has nearly $1.7 trillion in assets under management generated an 8.6% return, or $138 billion, in the first half of the year, fueled by a surge in stock prices. Norges Bank Investment Management (NBIM), which oversees the fund’s investments, reported that equity holdings gained 12% during the six-month period […]