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Norway wealth fund loses 2.2% on debt fears

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NORWAY’S SOVEREIGN wealth fund, Europe’s largest stock investor, lost 77 billion kroner (€10.6 billion) in the second quarter as stocks slumped on concern the region’s deepening debt crisis would derail the global economy. The €505.6 billion Government Pension Fund Global fell 2.2 per cent, as measured by a basket of…

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Click here to read the full story: Irish Times

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