NORWAY - The Government Pension Fund Global saw 5.4% (155bn kroner, $25bn) wiped off its investments in the second quarter of 2010, pulled down by a decline in global equity markets and a massive loss on its stake in BP.
The fund's investments consisted of 59.6% equities and 40.4% fixed-income securities at the end of the quarter, with returns of -9.2% and 1%, respectively, measured in international currency. The f...
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