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Norway wealth fund posts record $222 billion profit

Norway wealth fund posts record $222 billion profit but warns tech boom won't last

Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

Hosted on MSN · 1d

World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally

Norway’s gigantic sovereign wealth fund posted a full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday. Norges Bank Investment Management, which manages the fund, said the returns were driven by the AI boom that drove tech stocks higher in 2024.

Business Insider · 21h

World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M

The world’s largest sovereign wealth fund, Norway’s Norges Bank Investment Management (NBIM), has amassed $356.7 million in indirect bitcoin

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Norway Central Bank’s Fund Owns $500M of MicroStrategy

Norway’s sovereign wealth fund has amassed almost $360 million in indirect bitcoin exposure, while simultaneously investing ...

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Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal

Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion ...

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Why Norway’s trillion-dollar fund remains committed to renewable energy

Despite recent market setbacks, Norway's $1.8 trillion sovereign wealth fund remains committed to investing in renewable ...

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