
Equity Investments Fuel 5.9% Q1 Return for Norway’s Sovereign Wealth Fund
The pension giant also excluded two firms for ‘serious violations of individuals’ rights’ in Myanmar.
The pension giant also excluded two firms for ‘serious violations of individuals’ rights’ in Myanmar.
CEO Nicolai Tangen acknowledged that Norges Bank Investment Management ‘lost a considerable sum’ from the Silicon Valley Bank failure.
The $1.3 trillion pension giant is currently prohibited from investing in the asset class, but that may change.
The $1.4 trillion Government Pension Fund Global is investing $650 million in solar plants and wind farms in Spain.
Group will advise Norway’s $1.3 trillion sovereign wealth fund on climate-related financial risks.
In video, staffers illustrate investment terms in festive interpretative dance.
With more than two-thirds of its portfolio in equities, falling markets have pummeled the world’s second largest pension fund.
The $1.2 trillion fund aims to create a system to measure its climate risk exposure by 2025.
Norway’s central bank also makes adjustments to the Government Pension Fund Global’s investment exclusion list.