Norges Petroleum Fund returns 1.4% in third quarter

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NORWAY - The NOK942.4bn (e114bn) Norges Bank petroleum fund has returned 1.4% in the third quarter of 2004, boosted by strong performance in the fixed income portfolio.

Fixed income returned 3.1% in the third quarter while the equity portfolio posted a return of negative 1%. The fund posted an overall return of 4.2% for the first three quarters of the year. The...

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