Norway Trims Tech Stakes in $2.2T Fund

Norway has a huge investment fund worth $2.2 trillion.

This fund has recently reduced its investments in big US tech companies like Nvidia, Apple, Microsoft, and Alphabet.

They sold some shares in over 1,000 companies to make their investments simpler.

The fund now holds shares in 7,201 companies across 60 countries.

They also stopped investing in some countries like Moldova and Iceland, but started in new places like Jordan and Panama.

The fund's biggest bond investments are in the US, Japan, and Germany.

A government panel warned the fund to be more prepared for geopolitical risks.

The fund was created in the early 1990s and follows rules set by Norway's finance ministry.