挪威主权基金回报创2023年底以来新高 减持油气巨头押注科技

Group 1 - The Norwegian Sovereign Wealth Fund reported a 6.4% return in Q2, marking its best quarterly performance since the end of 2023, with a total fund size of $1.9 trillion [1] - The fund's performance was primarily driven by equity investments, achieving an 8.45% return on equity assets, with significant contributions from non-listed infrastructure investments [1] - Approximately two-thirds of the fund's assets are allocated to the stock market, covering around 8,700 listed companies across 44 countries, with a strong focus on major US tech companies [1] Group 2 - Energy stocks in the fund's portfolio had an overall return of 6.3% in the first half of 2025, despite fluctuations in oil prices due to geopolitical tensions [2] - European stock markets outperformed globally with a 17.8% increase, while North American markets only rose by 1.4%, highlighting regional performance disparities [2] - The financial sector was a key driver of returns, achieving a 16.5% return and representing 17% of the stock investments, with European bank stocks benefiting from improved profitability [2] Group 3 - The fund has faced controversy over investments in companies linked to the Israel-Gaza conflict, leading to the termination of partnerships with external management firms and withdrawal from 21 Israeli companies [3] - The fund follows a passive investment strategy based on benchmarks set by the Ministry of Finance, with a focus on global equity indices and a fixed income allocation of 70% government bonds and 30% corporate bonds [3] - The report reflects both structural opportunities amid global market volatility and the challenges of balancing geopolitical and ethical investment considerations [3]