Government Pension Fund Global
Market value
The fund’s market value rose 366 billion kroner to 4,182 billion kroner in the first quarter of 2013.
Equity investments had a market value of 2,609 billion kroner, while the value of fixed-income investments was 1,536 billion kroner. Investments in real estate had a market value of 37 billion kroner at the end of the quarter.
The market value is affected by investment returns, capital inflows and exchange rates. The fund returned 219 billion kroner in the first quarter of 2013 and received 60 billion kroner from the government. A weakening of the krone against several major currencies increased the market value by 86 billion kroner.