NSWF meaning in Business ?

Answer:

What is Norwegian Sovereign Wealth Fund mean?

The Government Pension Fund of Norway (Norwegian: Statens pensjonsfond) comprises two entirely separate sovereign wealth funds owned by the government of Norway.

The Government Pension Fund Global (correct translation: Sovereign Pension Fund – Foreign), also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. It has over US$1.3 trillion in assets, including 1.4% of global stocks and shares, making it the world’s largest sovereign wealth fund. In May 2021, it was worth about $248,000 per Norwegian citizen. It also holds portfolios of real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds.

The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Scandinavian investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange.

reference

Full Form	Category
National Students Welfare Fund	Academic & Science
New Suffolk Waterfront Fund	Business
Norwegian Sovereign Wealth Fund	Business
Naval Special Warfare Foundation	Community
Nutritional Supplement for Working Families	General
National Social Welfare Foundation	General
Not So Work Friendly	General
Nonlinear Secondorder Wiener Filter	General
National Survey on Work and Family	General
Normal Slow Wave Frequency	General
National Scientific Welfare Foundation	General