Who owns the Government Pension Fund Global?

Government of Norway
It has over US$1.3 trillion in assets, including 1.4% of global stocks and shares, making it the world’s largest sovereign wealth fund….Government Pension Fund of Norway.

How big is the Norwegian fund?

Norway’s $1.3 trillion sovereign wealth fund – the largest in the world – announced its first investment in renewable energy infrastructure Wednesday as part of a diversification away from bonds, equities and real estate amid a global push to fight climate change.

How much money has Norway saved?

Norway’s sovereign wealth fund just hit a grand total of US $1 trillion dollars. The number is 2.5 times Norway’s annual GDP and serves as the largest sovereign wealth fund in the world.

Is the government pension fund global in oil?

Notably, the Government Pension Fund Global may divest its oil and gas holdings in the near future.

Which is the largest government pension fund in the world?

The first is the Government Pension Fund Global (GPFG), also known as the Oil Fund. Established in 1990 to invest surplus revenues of the Norwegian petroleum sector, it is the world’s largest sovereign wealth fund.

When is 25th anniversary of government pension fund global?

On Monday, 31 May, Norges Bank and the Ministry of Finance will be hosting a webinar to mark the 25th anniversary of the first transfer to the Government Pension Fund Global. The webinar will be livestreamed and is open to the general public. Norges Bank has decided to exclude three companies from the Government Pension Fund Global.

How big is the Norwegian government pension fund?

The Government Pension Fund Global (Correct translation: Sovereign Pension Fund – Foreign), also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. It has over US$1.3 trillion in assets, including 1.4% of global stocks and shares, making it the world’s largest sovereign wealth fund.