The return on Ferd Capital’s combined portfolio was 15.1 percent. Overall, there was a positive return for both the privately owned and the listed investments. The portfolio of listed investments had a return of NOK 2.6 billion, corresponding to 26.6 percent. Ferd’s return on its real estate portfolio was 11.4 percent. Ferd External Managers generated a total return of 16.5 percent (in NOK terms) on its mandates. Measured in USD, the return was 3.5 percent, as a result of the stronger krone against the USD.
More information can be found in our summary of 2025, available here.