Norway's sovereign wealth fund reported a record profit of $213 billion for 2023. The fund's return on investment was 16.1% for 2023, supported by strong returns from technology stocks. In 2022, the fund reported a record loss of $150 billion due to "very unusual" market conditions. The CEO said equity markets performed well in 2023 despite inflation and geopolitical issues. At the end of 2023, around 80% of the fund was invested in equities and 27.1% in fixed income.