1Q 2013 Quarterly report
The Government Pension Fund Global posted a 5.45 percent return on its equity holdings, or the equivalent of 219 billion kroner, in the first quarter.
The results in brief
- The Government Pension Fund Global returned 5.45 percent, or 219 billion kroner, in the first quarter of 2013.
- Equity investments returned 8.3 percent, while fixed-income investments returned 1.1 percent. The overall return was 0.3 percentage point higher than the return on the fund’s benchmark indices.
- Investments in real estate returned -0.3 percent.
- The fund’s market value was 4,182 billion kroner at the end of the quarter, distributed with 62.4 percent in equities, 36.7 percent in fixed income and 0.9 percent in real estate.