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.
Equities were responsible for the sovereign wealth fund’s 8.6% first half gains.
Following a weak 2022, the Government Pension Fund Global’s market value rose to $1.443 trillion at the end of June.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
A 1.5% return for fiscal 2018 raises the fund’s total asset value to $1.46 trillion.
$1 trillion GPFG received heavy pushback from narcotics association.