“World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks”
January 31, 2024
“Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks.
The so-called Government Pension Fund Global, one of the world’s largest investors, said the result marked its highest return in kroner ever, with the fund’s return on investment last year coming in at 16.1% for the year…”