Norway $1.69 Trillion Sovereign Wealth Fund Norges Bank Investment Management Pays $736 Million 570 Million for 25% Ownership from Shaftesbury Capital at $3.4 Billion 2.659 Billion Valuation in Joint Venture for UK London 1.5 Million Square Feet Mixed-Use Property Portfolio in Covent Garden & Seven Dials (London West End)
21st March 2025 | Hong Kong
Norway sovereign wealth fund Norges Bank Investment Management ($1.69 trillion) has announced to pay $736 million (£570 million) for 25% ownership from Shaftesbury Capital at $3.4 billion (£2.6 billion) valuation in joint venture for UK London 1.5 million square feet mixed-use property portfolio in Covent Garden & Seven Dials (London West End). In 2025 January, Norges Bank Investment Management) announced the investment of $376 million (£305 million) for a 25% ownership in joint venture with UK Duke of Westminster property company Grosvenor, which owns 175 Mayfair buildings valued at $1.5 billion (£1.2 billion) & owns 25% of the joint venture. Grosvenor will reinvest the funds into lending & developments in the neighbourhood. UK London Mayfair is an upscale affluent area known for restaurants, shopping, art galleries & hotels. In 2024 August, Norway sovereign wealth fund Government Pension Fund Global managed by Norges Bank Investment Management with $1.69 trillion AUM (Assets under Management) has announced to invest $1 billion (EUR 900 million) to renewable energy infrastructure investment firm Copenhagen Infrastructure Partners, with the 5th flagship fund CI V investing in offshore & onshore wind, solar farms, grid & distribution and storage. In November 2023, Norges Bank Investment Management had planned to invest $40 billion to $70 billion in private equity funds (representing 3% to 5% of total portfolio), with the final decision to be made in 2024 by Norway parliament. In 2023 March, the Norwegian finance ministry had instructed the Board of Norges Bank to review allocating into private equity. In 2025 March, Norway sovereign wealth fund Government Pension Fund Global has reported $1.7 trillion AUM and portfolio return of +13% in 2024. Portfolio returns in 2024: Equities +18%, Fixed Income +1%, Unlisted Real Estate -1% & Unlisted Renewable Energy Infrastructure -19%. Portfolio Allocation: 71.4% in Equities, 26.6% Fixed Income, 1.8% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure. CEO Nicolai Tangen of Norges Bank Investment Management: “The fund achieved very good returns in 2024, as a result of a very strong stock market. The American technology stocks in particular performed very well.” In 2024, Norway sovereign wealth fund Government Pension Fund Global reported $1.5 trillion AUM and portfolio return of +16.1% in 2023. In 2025 January, Norway sovereign wealth fund Government Pension Fund Global has reported $1.7 trillion AUM and portfolio return of +13% in 2024. Portfolio returns in 2024: Equities +18%, Fixed Income +1%, Unlisted Real Estate -1% & Unlisted Renewable Energy Infrastructure -19%. Portfolio Allocation: 71.4% in Equities, 26.6% Fixed Income, 1.8% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure. CEO Nicolai Tangen of Norges Bank Investment Management: “The fund achieved very good returns in 2024, as a result of a very strong stock market. The American technology stocks in particular performed very well.” In 2024, Norway sovereign wealth fund Government Pension Fund Global reported $1.5 trillion AUM and portfolio return of +16.1% in 2023. In August 2023, Norges Bank reported returns of +10% equivalent to $140 billion for 2023 1st half, with portfolio performance of Equities +13.7%, Fixed Income +2.2%, Unlisted Real Estate -4.6%, Unlisted Renewal Energy Infrastructure -6.5%. Government Pension Fund Global Portfolio Allocation – 71.3% Equities, 26.4% Fixed Income, 2.3% Unlisted Real Estate, 0.1% Unlisted Renewal Energy Infrastructure.
“ Norway $1.69 Trillion Sovereign Wealth Fund Norges Bank Investment Management Pays $736 Million 570 Million for 25% Ownership from Shaftesbury Capital at $3.4 Billion 2.659 Billion Valuation in Joint Venture for UK London 1.5 Million Square Feet Mixed-Use Property Portfolio in Covent Garden & Seven Dials (London West End) “
Norway Sovereign Wealth Fund $1.7 Trillion Government Pension Fund Global to Allocate to Hedge Funds with Long / Short Equity Strategy, Portfolio Return of +13% in 2024, Equities +18%, Fixed Income +1%, Unlisted Real Estate -1% & Unlisted Renewable Energy Infrastructure -10%, Portfolio Allocation of 71.4% in Equities, 26.6% Fixed Income, 1.8% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure
6th March 2025 – Norway sovereign wealth fund Government Pension Fund Global ($1.7 trillion AUM) is allocating to hedge funds with long /short equity strategy. In 2025 January, Government Pension Fund Global reported $1.7 trillion AUM and portfolio return of +13% in 2024. Portfolio returns in 2024: Equities +18%, Fixed Income +1%, Unlisted Real Estate -1% & Unlisted Renewable Energy Infrastructure -19%. Portfolio Allocation: 71.4% in Equities, 26.6% Fixed Income, 1.8% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure. CEO Nicolai Tangen of Norges Bank Investment Management: “The fund achieved very good returns in 2024, as a result of a very strong stock market. The American technology stocks in particular performed very well.” In 2024, Norway sovereign wealth fund Government Pension Fund Global reported $1.5 trillion AUM and portfolio return of +16.1% in 2023. More info below:
Norway Sovereign Wealth Fund Government Pension Fund Global Reports $1.7 Trillion AUM & Portfolio Return of +13% in 2024, Equities +18%, Fixed Income +1%, Unlisted Real Estate -1% & Unlisted Renewable Energy Infrastructure -10%, Portfolio Allocation of 71.4% in Equities, 26.6% Fixed Income, 1.8% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure
29th January 2025 – Norway sovereign wealth fund Government Pension Fund Global has reported $1.7 trillion AUM and portfolio return of +13% in 2024. Portfolio returns in 2024: Equities +18%, Fixed Income +1%, Unlisted Real Estate -1% & Unlisted Renewable Energy Infrastructure -19%. Portfolio Allocation: 71.4% in Equities, 26.6% Fixed Income, 1.8% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure. CEO Nicolai Tangen of Norges Bank Investment Management: “The fund achieved very good returns in 2024, as a result of a very strong stock market. The American technology stocks in particular performed very well.” In 2024, Norway sovereign wealth fund Government Pension Fund Global reported $1.5 trillion AUM and portfolio return of +16.1% in 2023. More info below:
Norway Sovereign Wealth Fund Government Pension Fund Global Reports $1.5 Trillion AUM & Portfolio Return of +16.1% in 2023, Equities +21.3%, Fixed Income +6.1%, Unlisted Real Estate -12.4% & Unlisted Renewable Energy Infrastructure +3.7%, Portfolio Allocation of 70.9% in Equities, 27.1% Fixed Income, 1.9% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure
1st February 2024 – Norway sovereign wealth fund Government Pension Fund Global has reported $1.5 trillion AUM (Assets under Management) and portfolio return of +16.1% in 2023. Portfolio returns in 2023: Equities +21.3%, Fixed Income +6.1%, Unlisted Real Estate -12.4% & Unlisted Renewable Energy Infrastructure +3.7%. Portfolio Allocation: 70.9% in Equities, 27.1% Fixed Income, 1.9% Unlisted Real Estate & 0.1% in Unlisted Renewable Energy Infrastructure. CEO Nicolai Tangen of Norges Bank Investment Management: “Despite high inflation and geopolitical turmoil, the equity market in 2023 was very strong, compared to a weak year in 2022. Technology stocks in particular performed very well.” More info below:
Norway Sovereign Wealth Fund Government Pension Fund Global Reports $1.5 Trillion AUM & Portfolio Return of +16.1% in 2023
30th January 2024 – The return on the fund’s equity investments was 21.3 percent, the return on the fixed income investments was 6.1 percent, whereas investments in unlisted real estate returned -12.4 percent. The return on unlisted renewable energy infrastructure was 3.7 percent. The fund’s return was 18 basis points lower than the return on the benchmark index. The krone depreciated against several of the main currencies during the year. The currency movements contributed to an increase in the fund’s value of 409 billion kroner. Inflow into the fund amounted to 711 billion kroner. The fund had a value of 15,765 billion kroner as of 31 December 2023. 70.9 percent of the fund was invested in equities, 27.1 percent in fixed income, 1.9 percent in unlisted real estate, and 0.1 percent in unlisted renewable energy infrastructure.
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