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 is managed by Folketrygdfondet, achieved a return of -0.1% in Q1 2022, equivalent to NOK -0.4 billion. The fund capital totalled NOK 332.5 billion at quarter-end.