NORWAY'S FUND RETURNED (-15)%
NBIM - 2 April 2020 - The return on the fund's equity investments was -21.1 percent, and the return on the fixed income investments was 1,3 percent. The return on the investments in unlisted real estate have not been updated with valuations of the properties for the first quarter. This will be presented 23 April.
The global equity markets saw a sharp decline in the first quarter, but picked up somewhat towards the end of the quarter. There have been major fluctuations throughout the whole quarter.
«We have seen a substantial decline in the world's equity…
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