Oil fund announces healthy return for Q1

The rise of the equity market was to a great extent driven by the technology and consumer discretionary sectors, says Trond Grande, Deputy CEO at Norges Bank Investment Management.
Deputy CEO at NBIM, Trond Grande. | Photo: Pr / Nbim
Deputy CEO at NBIM, Trond Grande. | Photo: Pr / Nbim
By Reeta Ilona Paakkinen

Norway’s Government Pension Fund Global pulled in a return of 5.9% over the first quarter of this year, reports Norges Bank Investment Management (NBIM).

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