Headline Details

Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Published on: Thu, 26 Mar 2020 13:36:12 UTC
News Agency: Reuters
Description:
Norway's sovereign wealth fund, the world's largest, named a London-based hedge fund manager as its new chief executive on Thursday and said it had lost $124 billion this year as stock markets tanked due to the coronavirus pandemic.

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