Norway wealth fund reaches record investment in Portugal

Holdings in Portuguese shares and bonds climbed to 27.3 billion Norwegian kroner by the end of June.

Mighty Norway wealth fund warns of erosion in shareholder rights  Reuters

The fund, managed by Norges Bank Investment Management, returned 9.4% in the first half of 2026, driven by equity gains in Asia

The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.

ARENDAL, Norway, Aug 11 (Reuters) - Norway's $2.3 trillion wealth fund, the world's largest, held a 0.05% stake in SpaceX SPCX.O worth $1.22 billion as of June 30, it said for the first time on Tuesday, in an updated list of holdings.

Current global tensions make the prospect less implausible, says Nicolai Tangen.