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0.000322913975716942 0.00122707310772409 -0.00542495479204342 -0.0104624128132266 -0.0122707310772411 -0.00871867734435543 -0.0162748643761303 -0.0187290105915784
Stock impact report

Norway $1.6 Trillion Fund Misses Benchmark With 6.3% Return [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
(Bloomberg) -- Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark in the first quarter, with returns coming up short for a second consecutive report. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding Elon Wants His Money Back Singapore Loses ‘World's Best Airport' Crown to Qatar Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Tesla Asks Investors to Approve Musk's $56 Billion Pay Again Norges Bank Investment Management, which manages Norway's fossil wealth, returned 6.3%, or $110 billion, it said in a statement on Thursday. That's down from a 7.9% return in the final quarter of last year. The fund, largely an index tracker, gained 9.1% on stocks and lost 0.4% on its fixed-income investments. It missed the benchmark by 0.1 percentage point in the quarter, driven by “weak results” from real estate. “Our equity investments had a very strong return in the first quarter, particularly driven b Show less Read more
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