Norway's oil fund has lost EUR 111 billion during market turmoil
The world's single largest owner of equities is experiencing some difficult weeks as equity markets continue to plummet. However, it shouldn't be forgotten that the fund generated a EUR 160 billion return in 2019.
The Norwegian oil fund's market value is updated several times every passing second on its website nibm.no. As European equities have continued to decline in value since trading opened this morning, the counter has kept dropping.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
2019 was the best year ever for Norwegian oil fund
For subscribers
Multi-billion manager now fears a global credit crunch
For subscribers
