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Norway's Wealth Loses $174 Billion in H1 2022

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OSLO — The world's largest Norwegian sovereign wealth fund will reach 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022. recorded a loss of , it said Wednesday.

The $1.3 trillion fund's return on investment fell 14.4% from January to June, outperforming the fund's benchmark index by 1.14 percentage points. ($1 = 9.6716 Norwegian crowns) (Reported by Victoria Klesty, edited by Terje Solsvik)