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.
Tag: Norges Bank Investment Management
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.
Corporate Moves
Unease Remains Around Incoming Chief at Norges Bank
The supervisory board at the sovereign wealth fund told the national parliament that further control measures are needed to prevent conflicts of interest.
Corporate Moves
Norges Bank Finalizes Contract with Controversial CEO Pick
The incoming chief executive will distance himself from his old hedge fund.
Manager Selection
Norway’s Sovereign Wealth Fund Selects New Chief Executive
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Pensions
Norway’s Pension Fund Rakes in Record $180 Billion Return for 2019
Norges Bank Investment Management also deliberates eight candidates for CEO job.
Risk
Norway Pension Fund Removes Petrobras from Watch List
Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.
Newsmakers
World’s Asset Owners Discuss ESG Investment Plans at United Nations (Part 1)
Hiro Mizuno of GPIF is calling for RFPs to create a new global environmental index.