NBIM

Norway’s $2.3 trillion sovereign wealth fund achieved a record $182 billion profit in the first half, driven by strong Asian tech stocks and equity market rallies. NBIM, its manager, revealed a new $1.2 billion stake in SpaceX, adding to its significant holdings in tech giants like Nvidia and Apple. The fund, a global investor in over 7,000 companies, strategically diversifies across equities, fixed income, and real estate, aiming for long-term value creation.

Norway’s sovereign wealth fund achieved a record-breaking $247 billion return in 2025, reaching $21.27 trillion. Driven by strong equity performance, particularly in tech, financials, and basic materials, the fund saw a 19.3% return from its stock holdings. Fixed income, real estate, and renewable energy also contributed positively. This growth occurred despite some scrutiny over divestments.