Norway Wealth Fund Posts $30B Investment Loss in Q3 as Bond Market Turbulence Weighs on Returns

Norwayâs $2.3T sovereign wealth fund, the worldâs largest, said Thursday that its investment portfolio reported a loss of 278B kroner ($29.7B) in the third quarter, as rising interest rates weighed on its bond holdings. Norges Bank Investment Management (NBIM), which manag

Norwayâs $2.3T sovereign wealth fund, the worldâs largest, said Thursday that its investment portfolio reported a loss of 278B kroner ($29.7B) in the third quarter, as rising interest rates weighed on its bond holdings.

Norges Bank Investment Management (NBIM), which manages the

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