Norway’s sovereign-wealth fund earned a profit of $143 billion (1.500 billion kroner) in the first half of 2023, thanks to its investments in technology stocks, specifically the hot area of artificial intelligence.
Norges Bank Investment Management, which operates the $1.45 trillion sovereign-wealth fund, on Wednesday also reported a record loss for the fund of $164 billion in 2022 due to sharp declines seen for most equity stocks, barring energy.
Equities…
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