World’s largest sovereign wealth fund posts $110 billion in first-quarter profit

(CNBC) Norway’s giant sovereign wealth fund on Thursday reported a first-quarter profit of 1.21 trillion kroner ($110 billion), supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, the world’s largest sovereign wealth fund, said it had a value of 17.7 trillion kroner at the end of March.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.