Norway’s Sovereign Wealth Fund, World’s Largest, Reports $30 Billion Third-Quarter Loss
- Norway’s sovereign wealth fund reported a third-quarter loss of 278 billion Norwegian crowns, with investment returns of minus 0.5%.
- Deputy CEO Trond Grande said rising interest rates weakened the fund’s fixed-income investments.
- The fund invests Norway’s oil and gas revenues and owns an average of 1.5% of listed companies worldwide.
- It invests in about 7,100 companies, along with bonds, property, and renewable energy projects.
29 Articles
29 Articles
The world's largest sovereign wealth fund, which in recent years has shifted investments away from Israeli companies, attributed the huge loss to the poor performance of the bond market in the quarter. • The fund announced in recent months that it would allocate more resources to the equity sector and even shift investments away from US government bonds.
Norway’s wealth fund posts $30 billion loss in third quarter
OSLO, Oct 22 (Reuters) - Norway's $2.3 trillion sovereign wealth fund, the world's largest, reported on Thursday a loss of 278 billion Norwegian crowns ($29.71 billion) for the third quarter, with a return of minus 0.5% on its global investments....
The Norwegian State Pension Fund (also known as the Petroleum Fund), the largest sovereign wealth fund in the world, recorded negative returns in the third quarter of 2026 due to the fall in bond value.
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