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Norway's sovereign wealth fund reports $30 billion Q3 loss

Original: norway sovereign wealth fund q3 loss

Norges Bank Investment Management, which runs Norway's sovereign wealth fund, reported a loss of around $30 billion for the third quarter. The shortfall came as bond prices slid, while the fund's divestments from Israeli assets also weighed on returns. The result puts one of the world's largest investors back in the spotlight as markets digest the hit.

Why now: The scale of the loss at the world's biggest sovereign wealth fund, linked to both market moves and its Israeli divestments, is drawing wide attention.

Norges Bank Investment ManagementNorwayIsrael

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Evidence

• Norway's wealth fund reports $30 billion loss after Israeli divestments as bond prices slide · Ynetnews

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