
Norway's Wealth Fund Posts Record Half-Year Profit
Norway's $2.3 trillion sovereign wealth fund reported a record-high profit of $184 billion in the first half of the year. The significant earnings were primarily driven by a rally in technology stocks.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (55/100)Sources
Tech stock rally drives Norway wealth fund to record $184bn half-year profit
Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, posted a record profit of 1.75 trillion Norwegian crowns ($184.3 billion) for the first half of the year, lifted by technology stocks, it said this week. Investing the Norwegian state’s revenues from oil and gas production, the fund owns on average 1.5 per cent of all […]
Read full article →Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1
Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1 By Michael Kern of OilPrice.com The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, posted a record-high profit of $185 billion for the first half of 2026, as Asian technology stocks boosted its returns and profit on the portfolio. Norway’s Government Pension Fund Global (GPFG), which is commonly referred to as 'Norway's oil fund' because it was created with oil and g...
By Tyler Durden
Read full article →
