The Oslo-based fund returned almost 14% on stocks, with energy investments up nearly 20%, it said yesterday. Earlier this week, he said that inflation was now emerging as the biggest threat to returns with both stocks and bonds potentially vulnerable. FILE PHOTO: A general view of the Norwegian central bank, where Norway's sovereign wealth fund is situated, in Oslo, Norway. What’s more, “the highest returns shifted from growth stocks to value stock.”Since Tangen started as CEO, Norway’s wealth fund has spoken more publicly of a commitment to sustainability. The move represented a landmark expansion of the list of the fund’s asset classes, which had been limited to stocks, bonds and real estate.

Source: The Star August 18, 2021 21:45 UTC