World’s largest sovereign wealth fund reports $222 billion profit

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World’s largest sovereign wealth fund reports $222 billion profit

Nicolai Tangen, CEO of Norges Bank Investment Management, at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.

Stefan Wermuth | Bloomberg | Getty Images

Norway’s sovereign wealth fund — the largest of its kind in the world —

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full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday, fueled by a tech rally.

Its return on investment came in at 13% for the year, 45 basis points lower than the return on the fund’s benchmark index.

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