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Norway's $2.3 Trillion Sovereign Wealth Fund Posts Best Quarterly Return in 6 Years

Bloomberg ·

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  1. 1Norway's sovereign wealth fund—the world's largest at $2.3 trillion—recorded its highest quarterly return in six years.
  2. 2The second-quarter return came in at 11.5%, the strongest since Q2 2020, driven by a 16% gain in equities and 1.1% in bonds.
  3. 3The CEO said that strength in equity markets, including Asian tech stocks, drove the results.

This 3-line summary is compiled from the report below.

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