{"id":7338,"date":"2026-10-22T12:00:41","date_gmt":"2026-10-22T09:00:41","guid":{"rendered":"https:\/\/sunpress4.com\/index.php\/2026\/10\/22\/norvec-varlik-fonu-30-milyar-dolar-kaybetti\/"},"modified":"2026-10-22T12:00:42","modified_gmt":"2026-10-22T09:00:42","slug":"norvec-varlik-fonu-30-milyar-dolar-kaybetti","status":"publish","type":"post","link":"https:\/\/sunpress4.com\/index.php\/2026\/10\/22\/norvec-varlik-fonu-30-milyar-dolar-kaybetti\/","title":{"rendered":"Norve\u00e7 Varl\u0131k Fonu 30 milyar dolar kaybetti"},"content":{"rendered":"

K\u00fcresel piyasalarda ya\u015fanan dalgalanmalar, d\u00fcnyan\u0131n en b\u00fcy\u00fck devlet varl\u0131k fonlar\u0131ndan Norve\u00e7 Varl\u0131k Fonu’nu da derinden etkiledi. Fon, 2026 y\u0131l\u0131n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde yat\u0131r\u0131mlar\u0131ndan tam 30 milyar dolar kaybetti\u011fini duyurdu. Bu kay\u0131p, fonun son d\u00f6nemdeki en \u00f6nemli d\u00fc\u015f\u00fc\u015flerinden biri olarak kay\u0131tlara ge\u00e7ti ve finans \u00e7evrelerinde geni\u015f yank\u0131 buldu.<\/p>\n

Fonun y\u00f6netimini \u00fcstlenen Norges Bank Investment Management taraf\u0131ndan 22 Ekim’de a\u00e7\u0131klanan verilere g\u00f6re, \u00fc\u00e7 ayl\u0131k d\u00f6nemde fonun yat\u0131r\u0131mlar\u0131ndaki net zarar 278 milyar Norve\u00e7 kronuna (yakla\u015f\u0131k 30 milyar dolar) ula\u015ft\u0131. Bu ciddi d\u00fc\u015f\u00fc\u015f\u00fcn ana etkeni, k\u00fcresel \u00e7apta y\u00fckselen faiz oranlar\u0131 oldu. \u00d6zellikle tahvil gibi sabit getirili menkul k\u0131ymetler, faiz art\u0131\u015flar\u0131ndan olumsuz etkilendi ve fonun bu alandaki yat\u0131r\u0131mlar\u0131 y\u00fczde 3,5 de\u011fer kaybetti.<\/p>\n

Yat\u0131r\u0131m portf\u00f6y\u00fcndeki di\u011fer kalemlere bak\u0131ld\u0131\u011f\u0131nda, hisse senedi yat\u0131r\u0131mlar\u0131 y\u00fczde 0,5’lik s\u0131n\u0131rl\u0131 bir getiri sa\u011flarken, gayrimenkul yat\u0131r\u0131mlar\u0131 y\u00fczde 0,4 oran\u0131nda de\u011fer kazand\u0131. En dikkat \u00e7ekici performans ise borsada i\u015flem g\u00f6rmeyen yenilenebilir enerji altyap\u0131s\u0131 yat\u0131r\u0131mlar\u0131ndan geldi. Bu alandaki yat\u0131r\u0131mlar, y\u00fczde 7,5 gibi \u00f6nemli bir getiri sa\u011flayarak fonun toplam kayb\u0131n\u0131n bir k\u0131sm\u0131n\u0131 dengeledi.<\/p>\n

Norve\u00e7 Varl\u0131k Fonu’nun Toplam De\u011ferinde \u00d6nemli Azalma<\/h2>\n

\u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte Norve\u00e7 Varl\u0131k Fonu’nun toplam de\u011feri 670 milyar Norve\u00e7 kronu, yani yakla\u015f\u0131k 72 milyar dolar azald\u0131. Bu d\u00fc\u015f\u00fc\u015f\u00fcn yakla\u015f\u0131k 30 milyar dolarl\u0131k k\u0131sm\u0131 do\u011frudan yat\u0131r\u0131m kay\u0131plar\u0131ndan kaynakland\u0131. Ancak fonun toplam de\u011ferindeki azalman\u0131n tek sebebi bu de\u011fildi.<\/p>\n

Norve\u00e7 kronunun di\u011fer ana para birimleri kar\u015f\u0131s\u0131nda de\u011fer kazanmas\u0131 da fonun toplam de\u011ferini yakla\u015f\u0131k 50 milyar dolar daha azaltt\u0131. Bu kur etkisi, uluslararas\u0131 yat\u0131r\u0131mlar\u0131 olan b\u00fcy\u00fck fonlar i\u00e7in \u00f6nemli bir risk fakt\u00f6r\u00fc olarak \u00f6ne \u00e7\u0131kt\u0131. T\u00fcm bu kay\u0131plara ra\u011fmen, fonun y\u00f6netim giderleri d\u00fc\u015f\u00fcld\u00fckten sonra \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte 80 milyar Norve\u00e7 kronu tutar\u0131nda yeni kaynak giri\u015fi oldu\u011fu bildirildi.<\/p>\n

Devasa B\u00fcy\u00fckl\u00fck: 2,35 Trilyon Dolarl\u0131k Portf\u00f6y<\/h2>\n

30 Eyl\u00fcl 2026 tarihi itibar\u0131yla Norve\u00e7 Varl\u0131k Fonu’nun toplam b\u00fcy\u00fckl\u00fc\u011f\u00fc 22 trilyon 14 milyar Norve\u00e7 kronuna ula\u015fm\u0131\u015f durumda. Bu rakam, yakla\u015f\u0131k 2,35 trilyon dolara kar\u015f\u0131l\u0131k gelerek fonun d\u00fcnyan\u0131n en b\u00fcy\u00fck devlet varl\u0131k fonu olma \u00f6zelli\u011fini korudu\u011funu g\u00f6steriyor.<\/p>\n

Fonun \u00e7e\u015fitlendirilmi\u015f portf\u00f6y da\u011f\u0131l\u0131m\u0131 da dikkat \u00e7ekici. Portf\u00f6y\u00fcn y\u00fczde 72,1’lik b\u00fcy\u00fck bir k\u0131sm\u0131 hisse senetlerinden olu\u015fuyor. Y\u00fczde 25,8’i tahviller ve di\u011fer sabit getirili yat\u0131r\u0131mlara ayr\u0131l\u0131rken, borsada i\u015flem g\u00f6rmeyen gayrimenkul yat\u0131r\u0131mlar\u0131n\u0131n pay\u0131 y\u00fczde 1,6 ve yenilenebilir enerji altyap\u0131s\u0131 yat\u0131r\u0131mlar\u0131n\u0131n pay\u0131 ise y\u00fczde 0,5 olarak kaydedildi. Bu da\u011f\u0131l\u0131m, fonun uzun vadeli b\u00fcy\u00fcme ve risk y\u00f6netimi stratejisini yans\u0131t\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"

K\u00fcresel piyasalarda ya\u015fanan dalgalanmalar, d\u00fcnyan\u0131n en b\u00fcy\u00fck devlet varl\u0131k fonlar\u0131ndan Norve\u00e7 Varl\u0131k Fonu’nu da derinden etkiledi. Fon, 2026 y\u0131l\u0131n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011finde yat\u0131r\u0131mlar\u0131ndan tam 30 milyar dolar kaybetti\u011fini duyurdu. Bu kay\u0131p, fonun son d\u00f6nemdeki en \u00f6nemli d\u00fc\u015f\u00fc\u015flerinden biri olarak kay\u0131tlara ge\u00e7ti ve finans \u00e7evrelerinde geni\u015f yank\u0131 buldu. Fonun y\u00f6netimini \u00fcstlenen Norges Bank Investment Management taraf\u0131ndan 22 […]<\/p>\n","protected":false},"author":0,"featured_media":7339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[613,258,1362],"class_list":["post-7338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-norvec","tag-norvec-varlik-fonu","tag-varlik-fonu"],"_links":{"self":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts\/7338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/comments?post=7338"}],"version-history":[{"count":1,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts\/7338\/revisions"}],"predecessor-version":[{"id":7340,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/posts\/7338\/revisions\/7340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/media\/7339"}],"wp:attachment":[{"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/media?parent=7338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/categories?post=7338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunpress4.com\/index.php\/wp-json\/wp\/v2\/tags?post=7338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}