Norges Bank Investment Management manages the Norwegian Government Pension Fund Global, often referred to as the Norwegian Oil fund. The aim of the fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources so that this wealth benefits both current and future generations of Norway. The fund is invested exclusively outside Norway in order to protect the mainland economy.
Norges Bank Investment Management
Norway
$2,218
15.11
Nicolai Tangen
Malin Norberg(Market Strategies) and Pedro Furtado Reis(Active Strategies) and Daniel Balthasar(Active Strategies)
Ida Wolden Bache
71.2% Equities
26.6% Fixed Income
1.8% Unlisted Real Estate
0.4% Unlisted Renewable Energy Infrastructure
Asset allocation as of December 31, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website
| Fund Name | Country | AUM ($B) | Articles | More Info |
|---|---|---|---|---|
California State Teachers Retirement System (CalSTRS) | United States | $368 | 133 | View Info |
University of Texas/Texas A&M Investment Company (UTIMCO) | United States | $68 | 10 | View Info |
Swedish Fund Selection Agency | Sweden | $108 | 4 | View Info |





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