Norway SWF Gets Post-Brexit Bump

Norway’s Government Pension Fund Global (GPFG) has generated a 4% return, 240 billion NOK, for the third quarter of 2016 (ended September 30, 2016). Equity investments returned 6%, mostly due to a post-Brexit rally. In addition, fixed income generated a 0.9% return, while real estate returned 2.4% for the quarter.

Institutional Investor Profile of Norway’s GPFG

The wealth fund has a market value of 7,119 billion NOK at the end of the third quarter. The GPFG was 60.6% invested in equities, 36.1% in fixed income and 3.1% in real estate.

The wealth fund sold its 45% ownership interest in two logistics properties in the U.S. for 751 million NOK during the third quarter, while loading up on U.S. offices in Washington DC and San Francisco.

Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute

institutional investor investment mandates