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Norway Looses $34B on $1.4T Wealth Fund... Remains Worlds Largest


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https://www.cnbc.com/2023/10/24/norways-sovereign-wealth-fund-loses-34-billion-in-the-third-quarter.html

 

Norway lost $34B in wealth last quarter as all major asset classes fell and none could offset eachother

 

However at $1.4 Trillion, it remains the worlds largest sovereign wealth fund

 

The Country of little over 5 Million has so much in savings/assets, that decisions by the fund managers is known to move global markets particularly in assets they are invested in

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