FILE PHOTO: A general view of the Norwegian central bank in Oslo, Norway March 6, 2018. REUTERS/Gwladys Fouche/File Photo
OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, has lost 1.33 trillion Norwegian crowns ($124 billion) so far this year as stock markets have plunged due to the coronavirus pandemic, it said on Thursday.
The fund is now worth $930 billion, down from more than $1 trillion at the end of last year. Its investment portfolio dropped 16.2%, a