US tech stocks push Norway's $1 trillion oil fund to best ever gains

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The world's largest sovereign wealth fund just had its best quarter ever

US tech stocks were the main driver of gains.

A visitor looks out towards a flare stack on the Oseberg A offshore gas platform operated by Statoil ASA in the North Sea 140kms from Bergen, Norway.The world's largest sovereign wealth fund just posted its most successful quarterly return ever.

 

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+9.1% and they're actually bragging about that.... Nice work Folketrygdfond you only underperformed by 600 bps.. What are you charging them anyway?

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