Norway's wealth fund posts $174b record net loss in first half of 2022

Norway's wealth fund posts $174b record net loss in first half of 2022

Mikita Karasiou/ Unsplash.com

Norway‘s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by global recession fears and rampant price inflation.

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