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Oil producer Norway’s sovereign wealth fund, the world’s largest single stock market investor recorded a profit of $143 billion in the first half of 2023, the country’s central bank said on Tuesday.
The performance, lifted by the financial markets, represented a return of 10 percent and helped boost the fund’s value to 15,299 billion kroner (€1,332 billion) at the end of June.
The manager of Norway’s oil and gas riches gained just under 14 percent on equities in the six months through June, while fixed-income investments returned 2.3 percent, according to the report posted on its website.
