As of the end of March, the fund reported that its assets under management amounted to NOK 17.72 trillion. 72.1% of the investment portfolio was made up of stock investments, followed by bonds at 26%, real estate at 1.8%, and assets related to renewable energy sources (RES) at 0.1%.
The portfolio of the fund saw a 9.1% return on equity during the first quarter, countering losses of 0.4% from investments in fixed income instruments, 0.5% from real estate, and 11.4% from RES.
The value of the fund climbed by 647 billion kronor between January and March as a result of the krona’s depreciation versus many major foreign currencies. The fund received 96 billion kronor in inflows.
source: ft.com
