Negative return for Petroleum Fund in the second quarter

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NORWAY - Norges Bank's NOK 942.4bn (e114bn) Petroleum Fund has recorded a negative 0.2% return in the second quarter of 2004.

The negative return of 1.6% on the fixed income portfolio was nearly offset by the positive return of 1.9% on the equity portfolio following an upturn in all three global markets, according to a st...

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