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Norway wealth fund posts record $164 bln loss

Norway wealth fund posts record $164 bln loss

OSLO — Norway’s sovereign wealth fund, one of the world’s largest investors, on Tuesday reported a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an end a three-year run of soaring profits. The previous largest loss was 633 billion crowns in 2008. “The market was impacted by war in Europe, high […]

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