Investments glossary

Government Pension Fund of Norway

The Government Pension Fund of Norway is made up of two separate Norwegian investment funds with different mandates. The first is the Government Pension Fund Global (GPFG), also known as the Oil Fund. Established in 1990 to invest surplus revenues of the Norwegian petroleum sector,1 the GPFG is the world’s largest sovereign wealth fund.2 It also holds real estate and fixed-income investments.3

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