The world's largest sovereign wealth fund loses $174 billion in the first half, cites inflation and war in Europe - CNBC

8/17/2022 12:00:00 AM2 years 8 months ago
by Hannah Ward-Glenton
by Hannah Ward-Glenton
The $1.3 trillion fund returned a negative 14.4% during the period, as stocks and bonds reacted violently to global recession fears and skyrocketing inflation.
Norway's sovereign wealth fund, the largest in the world, had a loss of 1.68 trillion Norwegian kroner ($174 billion) in the first half of 2022, as stock markets more broadly saw a tumultuous six mon… [+3022 chars]
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