Get Sovereign Wealth Fund Exposure With These ETFs

Many Americans may not realize it, but there is a massive amount of money sitting in sovereign wealth funds. To be precise, the world's sovereign wealth funds hold almost $5.1 trillion, according to the Sovereign Wealth Fund Institute .

Norway’s Wealth Fund Rose $11 Billion in Quarter

Norway’s sovereign wealth fund returned 59 billion kroner ($11 billion) in the first three months of 2011, the smallest gain since last year’s second quarter, as European bonds slumped.

The $573 billion Government Pension Fund Global returned 2.1 percent, as measured by a basket of currencies, the Oslo- based investor said today. The equity portfolio returned 2.9 percent and fixed-income investments climbed 0.7 percent, led by gains in covered bonds. European bonds fell 1.1 percent.

Norway's Sovereign Fund Moves to Cut Bond Position

Norway's government-run oil fund, the world's second-largest sovereign-wealth fund, is cutting its bond holdings and shifting its investments to real estate to protect itself against rising inflation.


The Government Pension Fund Global, valued at nearly 3.1 trillion Norwegian kroner ($548 billion) at the end of last year, historically has invested 60% of its assets in stocks and 40% in bonds. It now aims to gradually invest as much as 5% of its assets in real estate while reducing its fixed-income investments by the same percentage.