Asset Allocation
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.
Tag: Norges Bank Investment Management
Asset Allocation
Norway Pension Giant Seeks To Remove ‘Rotten Apples’ From Portfolio
CEO Nicolai Tangen acknowledged that Norges Bank Investment Management ‘lost a considerable sum’ from the Silicon Valley Bank failure.
Asset Allocation
Norway Asks Sovereign Wealth Fund to Consider Adding Unlisted Equities
The $1.3 trillion pension giant is currently prohibited from investing in the asset class, but that may change.
Asset Allocation
Norges Bank IM Names Malin Norberg Co-CIO of Asset Strategies
Norberg will share duties with Geir Øivind Nygård in the newly created position.
Asset Allocation
Norway Pension Giant Buys 49% Stake in Spanish Renewables Portfolio
The $1.4 trillion Government Pension Fund Global is investing $650 million in solar plants and wind farms in Spain.
Newsmakers
Norges Bank Investment Management Launches Climate Advisory Board
Group will advise Norway’s $1.3 trillion sovereign wealth fund on climate-related financial risks.
Newsmakers
Boogeying Norges Bank: Holiday-Party Goers Celebrate Finances
In video, staffers illustrate investment terms in festive interpretative dance.
Asset Allocation
Norway’s Pension Giant Lost $215 Billion in First Three Quarters
With more than two-thirds of its portfolio in equities, falling markets have pummeled the world’s second largest pension fund.
Risk
Norway Targets Net Zero for Sovereign Wealth Fund by 2050
The $1.2 trillion fund aims to create a system to measure its climate risk exposure by 2025.
Asset Allocation
Norges Bank Investment Management Names New Co-CIOs of Equities
Norway’s central bank also makes adjustments to the Government Pension Fund Global’s investment exclusion list.
Newsmakers
Norway’s Sovereign Wealth Fund Loses $71 Billion in Q1
The fund’s investment portfolio declined 4.9% due to market volatility caused by “geopolitical turbulence.”
Asset Allocation
Real Estate, Equities Drive 14.5% Return for Norway’s Pension Fund in 2021
The fund giant’s portfolio has returned more than $488 billion in the past three years alone to boost its total asset value to $1.38 trillion.
Pensions
Norway’s Sovereign Wealth Fund Beats Benchmark with 4% Return in Q1
The $1.34 trillion pension giant reported a quarterly investment gain of $44.6 billion.
Asset Management Culture
Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings
The divestment addresses concerns raised at a parliamentary hearing earlier this month.
Corporate Moves
Norges Bank Board Defends Chief Executive Pick, Again
At a parliamentary hearing, the board governor helped the hedge fund manager Nicolai Tangen, under fire since his appointment.