News

REUTERS/Victoria Klesty/File Photo COPENHAGEN (Reuters) - Norway's central bank said on Tuesday it had received 82 applications for the position of CEO of the country's vast sovereign wealth fund.
A proposal to create such a fund has drawn bipartisan support in the Senate, but critics call it a dangerous gamble.
Norway's massive sovereign wealth fund reaches $818 billion, making each citizen a theoretical millionaire in crowns. The ...
Opinion

A Sovereign-Wealth Lesson

America’s track record of backing weak companies doesn’t inspire confidence in the idea of a sovereign-wealth fund.
It isn’t an attempt to surmount market forces but to offer an alternative to adversaries’ capital.
Norges Bank, the world's largest sovereign wealth fund, is the seventh biggest shareholder in London-listed Rio Tinto Plc, with a 2.51% stake, according to data compiled by LSEG.
Norges Bank, Norway’s $1.7 trillion sovereign wealth fund, reported a $40 billion loss in the first quarter of 2025, with most of the decline caused by a drop in the value of US-listed ...
Norway's government is under growing pressure to let the country's $1.8 trillion sovereign wealth fund invest in certain defense firms, with opposition parties describing a longstanding ban as ...