Asset Allocation
Tech Stocks Lead Norway’s Pension Giant to 6.3% Return in Q1
Equities help spur the $1.6 trillion Government Pension Fund Global’s nearly $110 billion investment gain during the quarter.
Equities help spur the $1.6 trillion Government Pension Fund Global’s nearly $110 billion investment gain during the quarter.
With more than two-thirds of its portfolio in equities, falling markets have pummeled the world’s second largest pension fund.
Despite losing 14.4%, the “oil fund” beat its benchmark by 114 basis points thanks to ... oil.