Oil Fund with profit of 334 billion in 2015 – Petro.no

Governor Øistein Olsen today presented figures for the fund for 2015. During 2015 the fund produced a total return of 2.7 per cent, at 334 billion.

Governor Øistein Olsen today presented figures for the fund for 2015. during 2015 the fund produced a total return of 2.7 per cent, at 334 billion.

This is considerably less than in 2014 then returns totaled 544 billion, but the fund size at the beginning of 2016 at 7475 billion to 6431 billion at the beginning of 2015. Source: Norges Bank

Equity investments yielded a return of 3.8 percent, while the yield on income investments was 0.3 per cent. The overall return on equity and fixed income investments was 0.5 percentage points higher than the benchmark indices’ return. Property investments returned 10.0 percent.

– 2015 has been a turbulent year with negative interest rates, exchange rate volatility, falling oil prices and weaker expectations for growth in emerging markets. There have been fluctuations in return from quarter to quarter, but overall it has been a satisfactory result from the administration, says Yngve Slyngstad, head of Norges Bank Investment Management.

You can follow the development of the Fund Oil fund’s market

you can find the Annual Report 2015 Annual Report 2015

7078 billion NOK in the bank today

the Fund has in the first months of 2016 decreased in value by as much as 397 billion. In the table below you will find historic utgvikling of the Fund.

the proportion invested in property increased during the year to 3.1 percent.

– The Fund made fewer but larger property investments. Two investments accounted for the bulk of the capital invested in 2015. We opened own property offices in Tokyo and Singapore during the year, says Slyngstad.

The krone weakened against many of the major currencies during the year. This helped to increase its value by 668 billion measured in Norwegian kroner. In addition, the fund was transferred 42 billion.

The Fund totaled 7,475 billion at 31 December 2015, of which 61.2 percent was invested in equities, 35.7 percent fixed income and 3.1 percent in real estate.

you can follow the progress of the Fund: the Fund’s market