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Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Norway's sovereign wealth fund, the world's largest, named a London-based hedge fund manager as its new chief executive on Thursday and said it had lost $124 billion this year as stock markets tanked due to the coronavirus pandemic. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: billion, sovereign, manager, world's, largest, Norway's, wealth, Norway, Hedge, named, London-based, tanked, coronavirus, pandemic, markets, stock, hedge, chief, executive

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/H4iVrP9KGWM/hedge-fund-manager-to-lead-norway-sovereign-fund-after-124-billion-loss-idUSKBN21D1H4

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