Government Pension Fund Norway, managed by Folketrygdfondet, recorded a profit of NOK 27 billion in 2024, corresponding to a return of 7.6%. At the end of the year, the fund's capital stood at NOK 381 billion.
In June 2024, the Norwegian Parliament passed the law establishing Statens fond i Tromsø. Now, the new fund has welcomed its first three employees and opened its office in Tromsø.
The Government Pension Fund Norway, which Folketrygdfondet manages, achieved a return of NOK 6 billion in the third quarter. This corresponds to a quarterly return of 2.4%, and brings the annual return as at 30 September 2019 to of 9.1%. The Fund capital stood at NOK 261 billion at quarter-end.
Folketrygdfondet achieved a return of 6.6% on the Government Pension Fund Norway during the first six months of 2019, outperforming the market by 0.3 percentage points and bringing total assets under management to NOK 254.8 billion as of 30 June 2019.
Folketrygdfondet manages the Government Pension Fund Norway, which grew by NOK 13 billion to more than NOK 252 billion in the first quarter. This corresponds to a return of 5.5%.
Folketrygdfondet achieved a return of -0.4 percent on the Government Pension Fund Norway in 2018, outperforming the market by 0.8 percentage points. Capital under management totalled NOK 239.2 billion at year-end.