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Norway's sovereign-wealth fund return on investments rose to 4% in the third quarter of this year. In the second quarter the fund achieved a gain of 1.3% on its investments.
The world's biggest sovereign-owned fund had a total value of $880.26 billion on September 30. The quarterly return was $29.67 billion, according to Norges Bank Investment Management, a body of Norway's central bank that manages the fund.
Equity investments returned 6% for the fund, fixed income investments generated 0.9% returns, while real estate provided 2.4%.
The fund had 60.6% of its reserves invested in equities, 36.3% in fixed income and 3.1% in real estate on September 30.
TeleTrader Newsroom / RV 10/07
