Norwegian Petroleum Fund posts minus 636 billion kroner quarterly return

The return during the last quarter was negative, at minus 636 billion Norwegian kroner, several Norwegian media outlets report.

The fund's equity portfolio, which accounts for 70 percent of investments, has thus generated a negative return of 2.6 percent.

At the same time, the fund had a value of SEK 19,998 billion at the end of March. In addition, performance since the end of the quarter has been increasingly positive, with, for example, the US stock market's S&P 500 index reaching a new record level on Wednesday.