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norway

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Norway's $1.2 trillion sovereign wealth fund sold $200 million worth of Adani shares

Per Deccan Herald Norway's sovereign wealth fund once owned a significant chunk of Adani businesses, but recently, it decided to sell shares worth $200 million at the end of 2022. The fund is worth a whopping $1.2 trillion. The fund previously owned Adani Green Energy, Adani Total

Norway's Sovereign Wealth Fund Lost $164 Billion in 2022 Due to 'Very Unusual' Market Conditions

Per CNBC The sovereign wealth fund of Norway, called the Government Pension Fund Global, lost $164 billion in 2022. The year resulted in the fund's value dropping by 14.1%. Nicolai Tangen, Norges Bank Investment Management CEO, gave a statement regarding the global economic factors that affected the