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.
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%.