OSLO (Reuters) – The Norwegian sovereign fund, the largest investment fund with a capital of $ 1.600 billion (1,460 billion euros), will maintain its objective of investing 70% of its assets in the stock market, the Minister of Finance, Jens Stoltenberg said on Monday, following the fall in global stocks.
“We have to maintain the political guidelines and stay around 70%, and if it falls below 70%, we will get it up,” Jens Stoltenberg told the press.
The Norwegian Fund, which manages state revenues from oil and gas production, holds 1.5% of all shared shares on the stock market.
The fund has recorded record gains in recent years thanks to the vigor of the stock markets, but it has dropped in recent weeks.
At the end of 2024, 71.4% of the fund’s assets were allocated to the shares, compared to 70.9% in 2023, the bonds increased from 27.1% to 26.6%, unlisted real estate increased from 1.9% to 1.8% and renewable infrastructure represented 0.1% of investments.
(Written by Nora Buli and Terje Solsvik, Noémie Naudin, edited by Augustin Turpin)
Copyright © 2025 Thomson Reuters
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
