A film about the fund
The Norwegian people own the fund
See our film about the history, objective and management.
The fund's investments
We invest in 9,000 companies and have investments in 78 countries. The fund's annual holdings are available from 1998 to end of 2015.
Global investments
38%
Europe
40%
North America
18%
Asia and Oceania
4%
rest of the world
Risk management
Our focus areas
We work on selected issues that are relevant across multiple sectors, and have formulated expectations for how companies should manage risk and report on their activities. We have three focus areas dealing directly with environmental and social issues:
The Fund's returns
5.6%
Annual return 1998-2015
The fund generated an annual return of 5.6 percent from the establishment of Norges Bank Investment Management in 1998 to the end of 2015, measured in the fund's currency basket. After management costs and inflation, the return was 3.7 percent. The return in dollars was 5.8 percent.
Press conference
results
2q 2016
Published on 17 August 2016
Egil Matsen, Deputy Governor at Norges Bank, and Trond Grande, Deputy CEO of Norges Bank Investment Management, presented the fund's results at a press conference in Norges Bank.
Quarterly report
2Q
Results
The Government Pension Fund Global returned 1.3 percent, or 94 billion kroner, in the second quarter of 2016.
