World’s largest sovereign wealth fund posts $76 billion in third-quarter profit
Norway’s central bank, Norges Bank, announced that the country’s sovereign wealth fund had a third-quarter profit of 835 billion Norwegian kroner, reaching a value of 18.870 trillion kroner. The fund, known as the Government Pension Fund Global, is one of the largest investors globally. Norges Bank Investment Management, which oversees the fund, expressed concerns about…