Sovereign wealth fund articles
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World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
“Our equity investments had a very strong return in the first quarter, particularly driven by the tech sector,” Trond Grande, deputy CEO of...
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CEO of Norway's wealth fund issues warning over hot commodity markets
Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Bloomberg | Bloomberg | Getty Images The chief
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Meadowhall: World's largest wealth fund set to take control of £750m mega-mall
Norway’s Norges, worth £1.3 trillion, is in advanced talks to buy out British Land’s 50 per cent share of the Sheffield shopping centre, the Sunday Times reports. The two organisations have been co-owners since 2012 when Norges bought 50 per cent in a deal that valued Meadowhall at just over £1.5 billion. The proposed deal would value it at £725m, a drop of £475m. Get the latest headlines delivered straight to your inbox, with The Star’s free emails The Times reported in September that British...