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, recorded a loss of NOK 17.8 billion for the first half-year 2022. The return was minus 5.4 per cent, which was 0.5 percentage points better than the market. The capital amounted to NOK 315 billion at the end of the period.