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Nbim

All articles tagged with #nbim

business1 month ago•15 min saved

Norway’s Giant Fund Signals Major Shift Away From U.S. Treasuries

Norway’s $2.3 trillion sovereign wealth fund (NBIM) has proposed cutting its government-bond exposure, especially U.S. Treasuries, from 70% to 50% within its benchmark, potentially trimming about $80 billion of U.S. Treasuries and shifting toward non-government debt and unlisted assets to improve diversification and returns. Changes would be gradual, guided by Norway’s finance ministry and Parliament through NBIM’s annual white paper process, with total USD exposure remaining around 50% as the fund rebalances its bond index.

via HuffPost|

#bonds #business #nbim

business1 month ago•5 min saved

Norway’s Oil Fund Signals Big Pivot Away From US Treasuries to Lift Yields

Norway’s $2+ trillion sovereign wealth fund (NBIM) has proposed a major overhaul of its government-bond portfolio, recommending cutting the benchmark’s government-debt share from 70% to 50% and trimming the global government-bonds allocation by about $106 billion—mostly from US Treasuries—while boosting holdings of non-government fixed income such as agency mortgage-backed securities. The US-dollar exposure would stay largely unchanged, as the plan aims to diversify return sources amid rising debt levels and a global bond sell‑off. Final decisions will rest with Norway’s finance ministry, with Expert Council recommendations due in 2027.

via Financial Times|

#business #government-pension-fund-global #mortgage-backed-securities

business1 month ago•3 min saved

Norway’s $2.3T fund edges away from Treasuries to boost diversification and returns

Norway’s Norges Bank Investment Management proposes trimming its government-bond share from 70% to 50% of its $2.3 trillion portfolio, reducing Treasurys to about 21.9% and nudging euro-area holdings down while increasing Japanese government bonds and expanding non-government fixed income (including corporate bonds) and mortgage-backed securities to boost diversification and potential returns amid volatile Treasury markets and AI-driven stock gains.

via CNBC|

#business #mortgage-backed-securities #nbim

business1 month ago•4 min saved

Norway’s $2.3T sovereign fund cautions on fading bumper gains

Nicolai Tangen cautions that the strong, chip-driven gains NBIM enjoyed in the first half are unlikely to repeat, as the fund posted a near-$185 billion profit but warned of tougher market conditions and stressed a long-term, diversified approach.

via CNBC|

#business #equities #markets-outlook

business1 month ago•4 min saved

Norway’s Sovereign Wealth Fund Hits Record Half-Year Profit, Bets on SpaceX

Norway’s $2.3 trillion NBIM sovereign wealth fund posted a record first-half profit of about $185 billion, helped by a 9.4% equity gain led by Asian technology stocks. The fund, which holds around 7,000 companies globally and emphasizes US equities (roughly 40%), lists Nvidia, Apple and Tesla among its top holdings and disclosed a 0.05% SpaceX stake worth about $1.2 billion, illustrating growing exposure to Elon Musk‑led companies while noting that fund values can rise and fall.

via CNBC|

#business #nbim #norway