NBIM passes US$2trn with a stock-led quarter and a clearer map for transition investments

30th October, 2025
Norges Bank Investment Management (NBIM) delivered a 5.8% return in the third quarter of 2025, with equities up 7.7%, fixed income up 1.4%, unlisted real estate up 1.1%, and unlisted renewables up 0.3%.The result trailed the benchmark by six basis points, a negligible tracking error for a portfolio of this...
Norges Bank Investment Management (NBIM) delivered a 5.8% return in the third quarter of 2025, with equities up 7.7%, fixed income up 1.4%, unlisted real estate up 1.1%, and unlisted renewables up 0.3%.The result trailed the benchmark by six basis points, a negligible tracking error for a portfolio of this...

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