NBIM after EUR 164 billion return: Rebound will define the blow Coronavirus eventually deals to the world economy

2019 was a record year for the Government Pension Fund Global, which is getting a new CEO this year.
Yngve Slyngstad, CEO at Norges Bank Investment Management. | Photo: HEIKO JUNGE
Yngve Slyngstad, CEO at Norges Bank Investment Management. | Photo: HEIKO JUNGE

The effects of the Coronavirus on world economy depend on the rebound after it is contained, says Yngve Slyngstad, CEO at Norges Bank Investment Management. Speaking at a press conference in Oslo today, Slyngstad notes that NBIM does not consider the downward turn of the past few days to be an opportunity that it would act upon.

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