Norway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1

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Norway's Government Pension Fund Global, the world's largest sovereign wealth fund valued at $2.3 trillion, posted a record profit of $185 billion in the first half of 2026. The gains were fueled by strong returns from Asian technology stocks and investments primarily in the U.S. market.

The world’s biggest sovereign wealth fund, Norway’s $2.3-trillion Government Pension Fund Global, posted a record-high profit of $185 billion for the first half of 2026, as Asian technology stocks boosted its returns and profit on the portfolio. Norway’s Government Pension Fund Global (GPFG), which is commonly referred to as 'Norway's oil fund' because it was created with oil and gas revenues, is a shareholder in many large companies in the world, with more than half of the value of its equity investments in the U.S. market. The…