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Norway wealth fund posts record $222 billion profit
World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally
Norway’s gigantic sovereign wealth fund posted a full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday. Norges Bank Investment Management, which manages the fund, said the returns were driven by the AI boom that drove tech stocks higher in 2024.
World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M
The world’s largest sovereign wealth fund, Norway’s Norges Bank Investment Management (NBIM), has amassed $356.7 million in indirect bitcoin
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.
invezz on MSN
19h
Why Norway’s trillion-dollar fund remains committed to renewable energy
Despite recent market setbacks, Norway's $1.8 trillion sovereign wealth fund remains committed to investing in renewable ...
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 ...
1d
on MSN
Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal
Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion ...
Gulfbusiness.com on MSN
3h
Abu Dhabi fund ADQ, Orion joint venture to invest $1.2bn in metals, mining
ADQ said that the venture will initially invest $1.2bn over four years in mining companies in emerging markets in Africa, ...
Pensions&Investments
2d
Musk raps Norwegian wealth fund CEO in text exchange
The world’s largest sovereign wealth fund has made public text messages between CEO Nicolai Tangen and the world's richest ...
15h
on MSN
Institutional Bitcoin Buyer Boom: Czech National Bank Approves Reserve Proposal, Norway's Sovereign Wealth Fund Increases Exposure
The Czech National Bank is exploring a potential expansion of its investment portfolio, as global institutions, such as the Norwegian sovereign wealth fund, show increasing exposure to assets like Bit ...
21h
Norway's wealth fund sticks to investments in renewables despite market setbacks
Norway's $1.8 trillion wealth fund, the world's largest, remains committed to investments in renewable assets despite recent ...
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