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Norway's sovereign wealth fund passes NOK 11trn

The Norwegian money pool has surpassed NOK 11trn in value for the first time ever.

Nicolai Tangen, CEO of the Norwegian Oil Fund. Photo: Tony Colli/PR
BY RASMUS BENDTSEN
Published:

The Government Pension Fund of Norway has just passed an historic milestone.

Tuesday morning, the sovereign wealth fund's market value exceeded NOK 11trn (EUR 1.02bn) for the first time ever, several domestic media report, including business daily E24.no.

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