Oil Fund posts record returns in Q3

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NORWAY - The Government Pension Fund - Global raked in record returns of 13.5% in the third quarter, equating to a gain in assets of NOK325bn (US$58.2bn).

The record return at the NOK2.6trn fund beat its benchmark by 1.5 percentage points and is mainly attributable to a 17.7% return from the equity portfolio, according to the scheme's quarterly repor...

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