Last year’s financial report for Government Pension Fund Norway shows that net assets amounted to NOK 195.9 billion at the end of the first half of 2015. This corresponds to a return on the Fund’s equity of 6.7 per cent compared to the first half of 2014 when the Fund’s net assets amounted to NOK 183.5 billion.
Of the Fund’s total assets of NOK 209.9 billion, shares and other equities represented NOK 118 billion or 56.2 per cent of the total portfolio. The stock of bonds amounted to NOK 81.3 billion or 38.7 per cent. Deposits and other financial assets represented 5 per cent of the Fund’s total assets.
The Fund’s investments in foreign equities amounted to NOK 43.3 billion at the end of the first half of 2015, or 20.6 per cent of the total portfolio. At the end of the first half of 2014, this share amounted to 18 per cent.
