NBIM lags return benchmark in Q2, steps up portfolio risk
The return produced by Norges Bank Investment Management for Norway's sovereign wealth fund in the second quarter undershot its benchmark as the Oslo-based central bank investment arm increased the huge fund's equity exposure.
Norges Bank Investment Management (NBIM) returned 1.8 percent in second quarter for Norway's Government Pension Fund Global (GPFG), boosting the market value of the sovereign wealth fund's (SWF) assets by EUR 22 billion to EUR 862 billion.
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