COTD: The Trillion-Dollar Club

Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar.

The milestone valuation was reached for the first time on Sept. 19 at 2:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday. – Bloomberg, Sepember 19

Trillion Dollar Wealth Managers_Sep21

(COTD = Chart of the Day)

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