Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally
Norway's sovereign-wealth fund posted 9.4% H1 returns ($185B profit), driven by Asia tech rally—underscoring capital's eastward consolidation. For IT leaders, this mega-fund pivot toward Asia-tech signals ecosystem reshaping, pressuring talent sourcing and stack localization decisions outside core US/EU zones.
Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally
The investment portfolio of the world's largest sovereign-wealth fund returned 9.4% in the first half, delivering a profit of nearly $185 billion before currency effects.
New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The probe targets the marketing practices of four prediction markets with operations in the city.
Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
Norway's $2.3 trillion sovereign wealth fund, the world's largest, reported Wednesday a record profit of 1.75 trillion Norwegian…
Norway's $2.3-trillion wealth fund posted a record $185 billion H1 profit, driven by Asian tech stocks and a 9.4% return.
The fund, managed by Norges Bank Investment Management, returned 9.4% in the first half of 2026, driven by equity gains in Asia
Norway’s sovereign wealth fund, the world’s largest, yesterday reported a record return on investments of US$185 billion in the…
Stock Funds Are Up 11.5% This Year Thanks to Tech Rally
Norway sovereign wealth fund posts record $184B profit, discloses SpaceX stake
