companies house the company marketing top 50 companies Norway`s oil fund, valued at $890 billion and the largest sovereign wealth fund in the world, showed growth in the third quarter with their report of a 4 percent return.
In Oslo, Richard Milne states that equities generated 6 percent returns, bonds hit 0.9 percent, while real estate generated returns of 2.4 percent for the third quarter.

For the first time in history, the government of Norway is making larger cash withdrawals from the fund than deposits. In Q3, they withdrew NKr30 billion, which put the fund`s market value at NKr7.1 trillion.

The fund posted an outline of their results, providing limited details such as the fact that 60.6 percent of their assets were represented by equities, 36.3 percent were held in bonds, and 3.1 percent were centered on the real estate market.

The fund`s deputy chief executive officer, Trond Grande, explained that the strongest performer for the quarter was their equity investment, providing good returns in all areas, making it the main reason the fund obtained the positive results that it posted.

Norway`s oil fund, valued at $890 billion and the largest sovereign wealth fund in the world, showed growth in the third quarter with their report of a 4 percent return.
In Oslo, Richard Milne states that equities generated 6 percent returns, bonds hit 0.9 percent, while real estate generated returns of 2.4 percent for the third quarter.

For the first time in history, the government of Norway is making larger cash withdrawals from the fund than deposits. In Q3, they withdrew NKr30 billion, which put the fund`s market value at NKr7.1 trillion.

The fund posted an outline of their results, providing limited details such as the fact that 60.6 percent of their assets were represented by equities, 36.3 percent were held in bonds, and 3.1 percent were centered on the real estate market.

The fund`s deputy chief executive officer, Trond Grande, explained that the strongest performer for the quarter was their equity investment, providing good returns in all areas, making it the main reason the fund obtained the positive results that it posted.