15 votes

Norway's sovereign wealth fund made a 19.9% return on investment last year, earning a record 1.69 trillion Norwegian crowns ($180 billion)

Posted by mycketforvirrad
Tags: economics, norway, stock market, investing, oil and gas, norges bank, banks.central, funds.sovereign wealth, source.cnbc, short read
https://www.cnbc.com/2020/02/27/norway-wealth-fund-earned-a-record-180-billion-in-2019.html

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Title
Norway wealth fund earned a record $180 billion in 2019
Published
Feb 27 2020
Word count
276 words

2 comments

  1. [2]
    jcdl
    Link
    I'm so jealous that Canada doesn't have an equivalent to this. I'd argue Canada was better positioned to set one up too.

    I'm so jealous that Canada doesn't have an equivalent to this. I'd argue Canada was better positioned to set one up too.

    5 votes
    1. moonbathers
      Link Parent
      When the US was running a budget surplus twenty years ago there was talk of it too.

      When the US was running a budget surplus twenty years ago there was talk of it too.

      4 votes