Norway's Folketrygdfondet generates 3.1% return in first quarter

Folketrygdfondet’s CEO sees signs of weakness in the development of the Norwegian krone and the Oslo Stock Exchange. 
Folketrygdfondet CEO Kjetil Houg. | Photo: Foto: CF Wesenberg, Kolonihaven
Folketrygdfondet CEO Kjetil Houg. | Photo: Foto: CF Wesenberg, Kolonihaven
By Magnus Eidem, translated by katrine gøthler

The state pension fund of Norway, Folketrygdfondet, yielded a 3.1% return in the first quarter of 2023, totaling NOK 10bn (EUR 0.84bn), writes Folketrygdfondet in a press release. 

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