www.economica.net/fondul-suveran-al-norvegiei-cel-

Norway's sovereign wealth fund reported losses of 278 billion Norwegian kroner in Q3 2026, primarily due to declining bond prices. The fund's global investment return was -0.5%, with fixed-income investments yielding -3.5%. Approximately 70% of its investments are in government bonds, which faced significant selling pressure amid rising government debt concerns in the US and Europe. The fund's equity investments returned 0.5%, with energy firms performing well while interest-sensitive sectors struggled. The fund remains cautious about the stock market and has reduced its exposure to major tech companies. Established in 1996, it holds about 1.5% of global listed equities, making it the largest sovereign investor worldwide.