News

The Government Pension Fund Norway, managed by Folketrygdfondet, posted a result of NOK 24.7 billion in the first half of the year, equivalent to a return of 6.97%. The capital stood at NOK 379 billion at the end of the period.

The new fund will invest in Nordic small-cap listed companies. The initial capital will be NOK 15 billion, with the potential to increase to NOK 30 billion as experience is gained.