Norway

Norway’s Sovereign Wealth Fund Boosts Investment in Tech Giants Amid Market Fluctuations

9 hours ago

Norway's sovereign wealth fund, the Government Pension Fund Global (GPFG), which boasts an impressive $1.8 trillion in assets, has recently made headlines by increasing its stakes in several major technology corporations. This strategic maneuver aims to capitalize on the current market landscape and the promising potential of the technology sector, which has been under scrutiny yet remains a pivotal part of global investments.

US and Norway Forge Agreement for Arctic Satellite Launch Operations

12 days ago

In a significant development for the aerospace industry, the United States has entered into a partnership with Norway to facilitate satellite launches from the Arctic region. This groundbreaking agreement aims to bolster both nations' capabilities in satellite deployment while also expanding their strategic interests in the increasingly vital Arctic zone.

Redefining Sovereign Wealth: Norway’s Fund Calls for a Shift in Terminology

4 months ago

In a recent assertion that could reshape the language of finance, Norway's sovereign wealth fund, one of the world's largest, has urged the financial community to reconsider its usage of the term "sovereign wealth fund." The call comes from Nicolai Tangen, the fund's CEO, who emphasized that not all wealth funds should be categorized as "sovereign," citing important distinctions between various funds operated by governments around the globe.