Norway's sovereign wealth fund loses record $174bn after tech bets go wrong - The Telegraph


8/17/2022 12:00:00 AM2 years 8 months ago

The fund's big bets on technology made a return of minus 27pc

Norways $1.3 trillion sovereign wealth fund posted its steepest-ever first half loss as big bets on tech backfired. The Oslo-based fund lost $174bn of its value in the six months to June, its bigges… [+1887 chars]

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