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 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.