OSLO: Norway's $1.7 trillion sovereign wealth fund, the world's largest, reported on Thursday a quarterly loss of 415 billion Norwegian crowns ($39.72 billion) for the January to March period, largely driven by negative returns in the tech sector.
"The quarter has been impacted by significant market fluctuations," Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), the fund's operator said in a statement.
