Norwegian Oil Fund

The Norwegian Oil Fund, officially called the Government Pension Fund Global, is Norway’s sovereign wealth fund that invests the revenue generated from the country’s oil and gas resources. Its purpose is to preserve and grow the national wealth for future generations, while also providing for the government’s pension and spending needs. The fund invests in global stocks, bonds, and real estate, aiming for steady returns and responsible management. It is one of the largest and most transparent sovereign funds in the world, helping Norway manage its natural resource wealth sustainably over the long term.