Tag: Government Pension Fund Global

The manager of Norway’s $1.76 trillion sovereign wealth fund paid $217 million for the real estate.

Norway’s GPFG could be the first $2 trillion pension before the end of next year.

Equities were responsible for the sovereign wealth fund’s 8.6% first half gains.

The pension giant also released an annual survey evaluating the stewardship of its external asset managers.

The $1.65 trillion pension giant is prohibited from investing in Adani Ports & Special Economic Zone, Weichai Power and L3Harris Technologies.

Equities help spur the $1.6 trillion Government Pension Fund Global’s nearly $110 billion investment gain during the quarter.

A growing number of portfolio companies held by Norway’s $1.5 trillion sovereign wealth fund are adopting net-zero targets.

Rallying equities helped the pension giant return 16.1% during the year, but it fell 18 basis points shy of its benchmark.

The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.

The $1.44 trillion Government Pension Fund Global has been investing in office real estate in the area since 2013.

The $1.3 trillion Government Pension Fund Global’s investment portfolio lost 2.1%—$33.6 billion—during the quarter.

The pension giant also found that venture capital and growth equity have underperformed public equities.