DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States was one of the biggest risks to financial markets this year.
Norway’s sovereign wealth fund last year returned 13 per cent, or US$222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming U.S. technology sector.
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Saving petroleum revenue for future generations, the wealth fund has a value more than three times that of Norway's annual gross ... Reporting by Elisa Martinuzzi in Davos; writing by Gwladys ...
DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United ...
DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United ...
DAVOS, Switzerland (Reuters) - Norwegian industrial software firm Cognite plans to shift its headquarters to the U.S. this year to access faster-growing markets in North America, Asia, and the Middle East, its co-founder John Markus Lervik told Reuters on Tuesday.
Norway’s sovereign wealth fund last year returned 13%, or $222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming US technology sector.
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Norges Bank Investment Management — the official name of the $1.8 trillion fund — saw investments in equities gain 18% in 2024, it said in a statement on Jan. 29. After the value of real estate holdings fell, the fund missed the benchmark it measures itself against by 45 basis points, it said.
Norway’s colossal $1.8 trillion sovereign wealth fund, one of the world’s largest, posted a robust 13% return in 2024, translating to a staggering $222 billion gain. This impressive performance was largely fueled by the booming US technology sector.