16:25 - 12.08.2026

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August 12, Fineko/abc.az. The $2.3 trillion Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, returned 11.5% in the second quarter, marking its best quarterly performance since Q2 2020.

Equity investments were the primary driver with a 16% return, while fixed-income securities contributed 1.1%. Unlisted real estate and infrastructure investments returned 1.8%.

CEO Nicolai Tangen stated: "The result is driven by strong returns in the stock market, particularly from Asian technology equities."

Key Highlights:

• Global Ownership: Holding approximately 1.5% of all listed global equities, the fund's largest holdings include Nvidia, Microsoft, and Apple.

• First-Half Performance: The fund generated a 9.4% return in H1, outperforming its benchmark index by 22 basis points.a