Norway's $2.2 trillion sovereign wealth fund, the world's largest, has seen a positive return on investment this year despite a weak start as markets recovered in April, fund CEO Nicolai Tangen told a parliamentary hearing on Tuesday.
"Following the recovery in April the fund is up 4.2% (as of 29 April), despite the highly turbulent situation in the Middle East," Tangen said in prepared remarks for a hearing of parliament's finance committee.
($1 = 9.2697 Norwegian crowns)
