Published by Global Banking and Finance Review
Posted on April 7, 2025
1 min readLast updated: January 24, 2026
Norway's $1.6 trillion wealth fund will keep 70% of its assets in stocks, despite recent market declines, as confirmed by Finance Minister Jens Stoltenberg.
OSLO (Reuters) - Norway's $1.6 trillion sovereign wealth fund will maintain its goal of investing 70% of its assets in the stock market, Finance Minister Jens Stoltenberg said on Monday following a plunge in global equities.
"We must maintain the political guidelines and stay at around 70%, and if it drops below 70% we will raise it back up," Stoltenberg told reporters.
The Norwegian fund, one of the world's largest investors, manages the state's revenues from oil and gas production, owning on average 1.5% of all listed stocks worldwide.
The fund has seen record gains in recent years thanks to strong stock markets, but has fallen in recent weeks.
At the end of 2024, 71.4% of the fund's assets were allocated to equities, up from 70.9% in 2023, bonds declined to 26.6% from 27.1%, unlisted real estate fell to 1.8% from 1.9% and renewable infrastructure represented 0.1% of investments.
(Reporting by Nora Buli, writing by Terje Solsvik, editing by Stine Jacobsen)
The main topic is Norway's sovereign wealth fund maintaining its 70% investment in stocks despite market fluctuations.
Jens Stoltenberg is the Finance Minister of Norway who confirmed the investment strategy of the sovereign wealth fund.
As of the end of 2024, 71.4% of the fund's assets were allocated to equities.
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