Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.
Government Pension Fund of Norway
 | This article needs additional citations for verification. (December 2024) |
 Value of the fund over time in billion Krone | |
| Company type | Government-owned |
|---|---|
| Founded | 1967 1990 |
| Headquarters | Oslo, Norway |
| AUM |  US$ 1.744 trillion (November 2024) |
| Owner | Government of Norway Government Pension Fund Global managed by state-owned Norges Bank |
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 Government Pension Fund Norway.
The Government Pension Fund Global (Statens pensjonsfond utland), also known as the Oil Fund (Oljefondet), was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. As of November 2024,[update] it had over US$1.74 trillion in assets,[1] and held on average 1.5% of all of the world's listed companies, making it the world's largest single sovereign wealth fund in terms of total assets under management.[2][3] This translates to over US$325,000 per Norwegian citizen.[4] It also holds portfolios of real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds.[5]
The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Nordic investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange.
- ^ "Norway Government Pension Fund Global (Norway GPFG) – Sovereign Wealth Fund, Norway – SWFI". swfinstitute.org. Retrieved 21 June 2023.
- ^ "Norway's sovereign-wealth fund passes the $1trn mark". The Economist. 21 September 2017.
- ^ Hanna Ghaderi, Martin Hagh Høgseth and Kjetil Malkenes Hovland (25 October 2019). "Milepæl: Oljefondet passerer 10.000 milliarder kroner". e24.no (in Norwegian). Archived from the original on 25 October 2019. Retrieved 26 October 2019.
- ^ Cite error: The named reference
:1was invoked but never defined (see the help page). - ^ "Observation and exclusion of companies". 18 March 2019.
Previous Page Next Page
الصندوق التقاعدي الحكومي النرويجي Arabic Fons de Pensions del Govern de Noruega Catalan Statens pensjonsfond Danish Staatlicher Pensionsfonds (Norwegen) German Fondo de Pensiones del Gobierno de Noruega Spanish Norvegiako Gobernuaren Pentsio-Funtsa EU صندوق نفت نروژ FA Government Pension Fund-Global French קרן העושר של נורווגיה HE Eftirlaunasjóður norska ríkisins IS
