Feb 16 • 07:30 UTC 🇳🇴 Norway NRK

The National Insurance Fund earned 47.9 billion last year

The National Insurance Fund recorded a record profit of NOK 47.9 billion, while managing a total invested capital of NOK 429 billion at the year's end.

The National Insurance Fund reported an impressive profit of NOK 47.9 billion for the previous year, marking a significant achievement given the total invested capital of NOK 429 billion at the end of the year. This profit reflects the fund's robust investment strategy and performance over the past year. Kjetil Houg, the Managing Director of the fund, highlighted the establishment of a new fund in Tromsø, which contributed to the capital's strong growth, alongside a new withdrawal scheme for the State Pension Fund (SPN).

In Tromsø, the newly established state fund achieved a return of 6.1%, providing a competitive extra return of 0.48 percentage points from October 9th through the end of 2025. This additional return signifies the effectiveness of the fund's management and strategic planning in optimizing investment outcomes. The announcement showcases the fund's commitment to enhancing financial sustainability for Norway's future pensioners.

Overall, the results indicate a positive trajectory for the National Insurance Fund, with its leadership focused on leveraging new investment opportunities and enhancing programs that directly influence the growth of Norway's pension assets. This success underscores the vital role the fund plays in managing state assets meant for public welfare and security in retirement for Norwegian citizens.

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