Norway wealth fund earned US$111bil in first half


ARENDAL, Norway: Norway's $1.4 trillion sovereign wealth fund, the world's largest, posted a 9.4% return on investment for the first half of the year on Wednesday as the value of its equities portfolio surged.

The fund earned 990 billion Norwegian crowns ($111 billion) in the January-June period, 0.28 percentage point higher than the fund's benchmark index.

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