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.
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