Newsmakers
Due to AI, Norway’s $1.8T Pension Giant Needs No More Employees—for Now
The Government Pension Fund Global shed more than 37% of its workforce in 2024.
Tag: GPFG
Asset Allocation
Tech Rally Buoys Norway Sovereign Wealth Fund’s 13% Return
Despite missing its benchmark, the gain raised the world’s largest pension fund’s asset value to almost $1.75 trillion.
Asset Allocation
Norges Bank Excludes UK Mining Firm Evraz for Aiding Russia’s War Against Ukraine
The world’s largest pension also excluded a telecom firm for aiding the expansion of Israeli settlements in the West Bank.
Asset Allocation
Norges Bank Acquires 97.7% Stake in Silicon Valley Office Property
The manager of Norway’s $1.76 trillion sovereign wealth fund paid $217 million for the real estate.
Asset Allocation
World’s Largest Sovereign Wealth Fund Climbs Closer to $2T
Norway’s GPFG could be the first $2 trillion pension before the end of next year.
Asset Allocation
Norway’s Pension Fund Global Returns 2.1% in Q2; Asset Value Rises to $1.69T
Equities were responsible for the sovereign wealth fund’s 8.6% first half gains.
Asset Allocation
Public Equities Propel 10% 1H Return for Norway’s Sovereign Wealth Fund
Following a weak 2022, the Government Pension Fund Global’s market value rose to $1.443 trillion at the end of June.
Asset Allocation
How 5 Of the World’s Largest Pension Funds Invest to Combat Climate Change
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
Asset Allocation
Norway Pension Giant Asked to Shed 25% to 30% of Companies from Index
Finance Ministry calls for the Government Pension Fund Global to drop up to 2,200 equity investments.
Newsmakers
Japan’s Sovereign Wealth Fund Surpasses Norway’s as World’s Largest
A 1.5% return for fiscal 2018 raises the fund’s total asset value to $1.46 trillion.
Risk
Norway’s Sovereign Wealth Mega-Fund Divests from Cannabis
$1 trillion GPFG received heavy pushback from narcotics association.