2Q 2011 Quarterly report
The Government Pension Fund Global returned 0.3 percent, or 4 billion kroner, in the second quarter of 2011 after rising bond prices outweighed a slump in large parts of the stock markets.
12 August 2011
The results in brief
- The Government Pension Fund Global returned 0.3 percent, or 4 billion kroner, in the second quarter of 2011. This was 0.1 percentage point lower than the return on the fund’s benchmark indices.
- Equity investments returned -0.7 percent, while fixed-income investments returned 1.8 percent.
- The fund’s market value rose 9 billion kroner to 3,111 billion kroner.
- The fund held 60.5 percent in equities, 39.4 percent in fixed-income securities and 0.1 percent in real estate at the end of the quarter.