Tag: GPFG

Despite missing its benchmark, the gain raised the world’s largest pension fund’s asset value to almost $1.75 trillion.

The world’s largest pension also excluded a telecom firm for aiding the expansion of Israeli settlements in the West Bank.

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.

Following a weak 2022, the Government Pension Fund Global’s market value rose to $1.443 trillion at the end of June.

It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.

A 1.5% return for fiscal 2018 raises the fund’s total asset value to $1.46 trillion.

$1 trillion GPFG received heavy pushback from narcotics association.