Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, posted a record profit of 1.75 trillion Norwegian crowns ($184.3 billion) for the first half of the year, lifted by technology stocks, it said this week.
Investing the Norwegian state’s revenues from oil and gas production, the fund owns on average 1.5 per cent of all listed companies globally, making it the world’s largest single investor.
“The result is driven by
