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Nicolai Tangen, Director General of Norres Bank Investment Management, at the World Economic Forum of Davos, Switzerland, January 22nd, 2025.
Stefan Wermuth | Bloomberg | Getty Images
Norwegian sovereign richness – the largest of its kind in the world – distribute The entire year’s 2.5 trillion kroner ($ 222.4 million) feeds a technological rally.
The return on investment has been 13% year, 45 points lower than the return of the Fund’s reference index.
When talking at the press conference on Wednesday, the Deputy Director of NORGES BAND INVESTMENT (NBIM) Deputy Director “It is very powerful, 2024 has been the greatest driver of the Fund’s return.
More specifically, he expressed the returns driven by certain sectors, especially A boom In technological stocks.
“The technique (it has been) is really strong, driven by AI, as well as finance, for being greater than interest rates, he said.
This news story is updating this story.
