Macro-financial risk
2026-04-26
9 minute read
5 sources
Norway Government Pension Fund Global 2026: Allocation, ESG Screens, and Performance
GPFG crosses $1.7 trillion as Norges Bank Investment Management widens its renewable infrastructure sleeve, expands ESG exclusions, and recalibrates climate stress tests against a softer petroleum revenue path.
The Government Pension Fund Global ended the first quarter of 2026 with assets of roughly 18.4 trillion Norwegian kroner, equivalent to about 1.74 trillion U.S. dollars, after a 7.1 percent calendar 2025 return. Argus traces how Norges Bank Investment Management is rebalancing across equities, fixed income, unlisted real estate, and renew...