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The $1 Trillion Wealth Fund Defying Markets
Oilprice.com ^ | 02-28-2017 | gerald

Posted on 02/28/2018 11:02:33 AM PST by bananaman22

Norway’s $1 trillion-dollar sovereign wealth fund doubled its return on investment last year, and this year, it’s not shying away from the markets--even when many are giving up on the bull run.

In fact, the fund is wholeheartedly embracing the spike in volatility, with plans to add some $40 billion in stocks to its portfolio.

After all, the fund beat its own benchmark and it’s riding high on massive $130 billion in winnings.

First, let’s look at last year’s success story:

(Excerpt) Read more at safehaven.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: investing; norway; oil; wealthfund

1 posted on 02/28/2018 11:02:33 AM PST by bananaman22
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To: bananaman22

BM


2 posted on 02/28/2018 11:13:10 AM PST by al baby (`4)
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To: bananaman22

Do the muslims get the money when they take over the country?


3 posted on 02/28/2018 11:52:47 AM PST by JerryBlackwell (some animals are more equal than others)
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