Norway Government Pension Fund
The Norway Government Pension Fund, also known as the Oil Fund, is a sovereign wealth fund established to manage the surplus revenues from the country's petroleum sector. It aims to ensure that the wealth generated from oil and gas resources benefits both current and future generations of Norwegians. The fund invests in a diverse range of assets, including stocks, bonds, and real estate globally.
Managed by Norges Bank Investment Management, the fund is one of the largest in the world, with assets exceeding a trillion dollars. It follows a responsible investment strategy, focusing on sustainable practices and ethical guidelines to promote long-term value creation while minimizing risks.