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Norway wealth fund posts record $222 billion profit
Norway wealth fund posts record $222 billion profit but warns tech boom won't last
Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.
Norway $1.8 Trillion Fund Returns 13% on Tech Stocks Gains
Norway’s sovereign wealth fund last year returned 13%, or $222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming US technology sector.
Norway’s sovereign wealth fund invests $400 million in Bitcoin
Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), has increased its indirect Bitcoin exposure by 153% year-over-year
7h
Norway Central Bank’s Fund Owns $500M of MicroStrategy
Norway’s sovereign wealth fund has amassed almost $360 million in indirect bitcoin exposure, while simultaneously investing ...
2d
Elon Musk clashes with Norway wealth fund CEO; 'friends are as friends do'
Tesla CEO Elon Musk has clashed with Nicolai Tangen, CEO of Norway's sovereign wealth fund, one of the automaker's top ...
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