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Norwegian Oil Fund, becomes the world's largest


Tuesday, 06 November 2012
Norway wealth funs of its oil fund have passed that of Abu Dhabi, and is now the world's largest state-owned investment fund.

Various media reports quoting news channel, Al-Arabiyya, identified that the Norwegian oil fund at the end of October had Nkr3723 billion, a rate of return of 4.7 percent in the third quarter.

The State Investment Fund in the oil country, Abu Dhabi ended up in second place with a value at the end of October to Nkr3597 billion.
by Scancomark.com Team


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