
Norway’s $1.7 trillion sovereign wealth fund, the world’s largest, will remain calm in the face of turbulent times, upholding a long-term investment strategy that is widely agreed upon, the government said in a strategy update.
The fund has lost around 1.1 trillion Norwegian crowns ($101.38 billion) since the start of 2025 as asset prices fell sharply, the finance ministry said in an annual filing to parliament.
“In a time of