Norwegian Oil SWF gains 13.4% in 2012

‘(10 Mar) – Norway’s oil fund, one of the biggest investors in the world, rose in value by 13.4% last year, its second-best performance ever.

The central bank said the fund’s investments in shares jumped by 18.1% in 2012, boosted by soaring equity indexes around the world.

It is now worth 3.8tn krone (£450bn; $670bn), up from 3.3tn krone in 2011….’

This is a snippet that I read posted in