
Asset Allocation
Norway Pension Giant Rebounds in Q3 From Heavy First-Half Losses
The $1.15 trillion fund returns 4.3% during the quarter after losing $21 billion in the first half.
Pension giant’s 10-year return down over 2% after $112 billion first quarter loss.
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
$1.07 trillion fund is focusing on climate and money laundering issues.