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The sovereign-wealth fund returned 5.7% in the first half, driven by strong stock-market performance,  particularly in the financial sector.

Economy

Senior Reporter

Nicolai Tangen presenting the 2022 results for Norway's oil fund.

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Norway’s sovereign-wealth fund returned 5.7% in the first half, driven by strong equity markets.

Norges Bank Investment Management—the arm of the central bank that manages the world’s largest sovereign-wealth fund, commonly known as the oil fund—said Tuesday that the fund had a market value of 19.586 trillion kroner ($1.914 trillion) as of June 30.

Norway Oil Fund Grows in First Half on Equity-Market Strength

Equities make up more than 70% of the sovereign-wealth fund

Dominic Chopping

Corporate/Industrial News

Risk Topics

Risk Topics - Reputation & Ethics

Nicolai Tangen

Markets-&-Finance

Investing

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