2019 was a great year in the fund’s history, driven by positive equity returns in all of the fund’s principal markets and in all equity sectors. The fund had it's highest return measured in kroner in a single year in the fund’s history. It is also the second best return measured as a percentage. This also gave the greatest increase in value in a single year in the fund’s history.
Chairman of the Executive Board Øystein Olsen and the fund's CEO Yngve Slyngstad presented the 2019 results for the Government Pension Fund Global at a press conference at Norges Bank. The press conference was in Norwegian.
The equity investments returned 26.0 percent.
The unlisted real estate investments returned 6.8 percent.
The fixed-income investments returned 7.6 percent.
The equity investments had a market value of 7,145 billion kroner. This was to 70.8 percent of the fund's total value.
The unlisted real estate investments had a market value of 273 billion kroner. This was to 2.7 percent of the fund's total value.
The fixed-income investments had a market value of 2,670 billion kroner. This was to 26.5 percent of the fund's total value.
