News

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’s recommendation to the Ministry of Finance is that the potential new asset management unit in Tromsø should invest in those parts of the Nordic listed equities markets that are not included in the equity benchmark index for equities for the Government Pension Fund Norway (GPFN).

The Government Pension Fund Norway, which Folketrygdfondet manages, recorded a return of 0.89 per cent in the second quarter 2023. That corresponds to NOK 3 billion. The capital amounted to NOK 331 billion at the end of the quarter.