
Norway’s state wealth fund, which is the largest fund of this size in the last year, the earnings have been recorded at 2.5 trillion kronor ($222.4 billion ).The currency increased most with the increase in technology companies stock rallies , CNBC announces .
At the end of 2024 the year the Norwegian government’s pension global fund was valued at 19.7 trillion kroner , according to a report in the Norges Bank Investment Management ashould be Norms Bank.The Fund investment returned 13 percent over the year , i.e. 45 basic points lower than the return of the equal index.
“The Fund achieved a very good return in 2024 years due to a very strong stock market. Especially good shows of American technology share” – said Norges Bank Investment Management General Director Nicolai Tangen in a statement.
The Fund, which invests about seventy percent of its assets in equities, is a global enterprise, including technology giants such as Apple, Nvidia, Amazon and Microsoft .
The Norwegian stateassetfundalsoinvestsinfixedyieldsecurities,i.e.governmentandcorporatebonds,aswellasinrealassetsandrenewableenergyinfrastructure.