Norway’s sovereign wealth fund makes €171b loss in H1 2022, but unlisted RE proves resilient at +7.1%

By a staff reporter 2022-08-17T00:00:00

Norway’s Government Pension Fund Global’s investment manager led by CEO Nicolai Tangen has reported a negative return of -14.4% equivalent to $174 bn (€171 bn) amid a backdrop of rising interest rates, high inflation and war in Europe.

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