Oil fund up 25.6%

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NORWAY - The Government Pension Fund Global posted a 25.6% profit for 2009 on the back of equities and fixed income gains.

Following these results the oil fund had NOK2.6trn (US$439bn) under management at the end of 2009, up from NOK2.3trn a year earlier. The overall equities' portfolio returned 34.3%, while fixed inco...

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