This is a Norway news story, published by CNBC, that relates primarily to Norges Bank Investment Management news.
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sovereign wealth fundCNBC
•80% Informative
Norway 's massive sovereign wealth fund posted first-half profit of 1.48 trillion kroner ( $138 billion ) The fund's overall return for the six-month period was 8.6% , which was 0.04 percentage points lower than the return on its benchmark index.
"The result was mainly driven by the technology stocks, due to increased demand for new solutions in artificial intelligence," said Norges Bank Investment Management CEO.
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