The Government Pension Fund of Norway (Norwegian: Statens pensjonsfond) is the sovereign wealth fund collective owned by the government of Norway. It consists of two entirely separate sovereign wealth funds: the Government Pension Fund Global and the …

Jan 30, 2024 · Norway's giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks.

Jan 29, 2025 · Norway's sovereign wealth fund — the largest of its kind in the world — posted full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday, fueled by a tech rally. The …

Jul 31, 2024 · 1. The World's Largest Sovereign Wealth Fund. Norway's Government Pension Fund Global holds the title of the largest sovereign wealth fund in the world, in terms of total assets under management. Recently, the fund's assets have surpassed USD $1.6 trillion, a staggering amount.

The aim of the fund is to ensure a long-term management of revenue from Norway’s oil and gas resources, so that this wealth benefits both current and future generations. The fund’s formal name is the Government Pension Fund Global.

Jan 30, 2025 · In 2024, Norway’s sovereign wealth fund, the world’s largest with assets totaling $1.8 trillion, reported a record annual profit of 2.51 trillion Norwegian crowns ($222 billion).This milestone was primarily driven by significant gains in U.S. technology stocks, marking the second consecutive year of record profits and surpassing the 2.2 trillion crowns earned in 2023.

Sep 23, 2022 · Norway's sovereign-wealth fund announced this week that it aims to have every company in its vast portfolio reach net-zero greenhouse gas emissions by 2050. The fund, the Norges Bank Investment Management, is one of the world's largest sovereign-wealth funds, boasting over $1.2 trillion in assets.

Jan 30, 2024 · Norway's $1.6 trillion sovereign wealth fund, the world's largest, reported on Tuesday a record profit of 2.22 trillion crowns ($213 billion) in 2023, driven by strong returns on its...

Norway’s GDP per capita is the second high-est among OECD countries, and it is tempting to seek a causal link between its oil wealth and its economic wealth. Norway offers a useful benchmark for sub-Saharan Africa’s natural-resource-rich countries.

Dec 6, 2024 · The value of Norway's sovereign wealth fund, the world's largest, rose to a record 20 trillion crowns ($1.80 trillion) on Friday, doubling its value in just five years as oil and gas revenue...