Tag: Norges Bank
Norway’s Sovereign Wealth Fund Hit by Scandal
Norges Bank Draws Down Oil Revenues to Ease Coronavirus Impact
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Norway Pension to Exclude UK Security Firm G4S
Norges Bank CEO to Resign, Pension Fund Returns 1.6% in Q3
Yngve Slyngstad to step down after 12 years running the $1.09 trillion fund.
Norway’s Pension Giant Revokes Walmart, Rio Tinto Exclusions
Trillion-dollar pension also lifts bans on General Dynamics, Nutrien, Grupo Carso.
Norway Pension Fund Honcho Questions ESG Mandates
Yngve Slyngstad, who manages the money of the world’s largest sovereign wealth fund, thinks environmentally minded rules may hurt returns.
Norway’s Real Estate Shift Shuffles Its Leadership
World’s biggest sovereign wealth fund adds some top officials from its property arm, now being sucked into the investment division.
Norway Pension Fund Excludes Halcyon Agri for Environmental Damage
Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.
Equities Killed Norway’s Sovereign Wealth Fund in 2018
How overreliance on one asset class led to a $56.6 billion wipeout.
Norway’s Sovereign Wealth Fund Adds Three Firms to Exclusion List
Fund divests one company due to human rights violations, and two for coal activities.
Norway’s Finance Ministry: Keep Sovereign Wealth Fund with Central Bank
Move rejects 2017 proposal to spin off management of the Government Pension Fund Global.
Norges Bank Gets Stricter on Ocean Sustainability Policies
The world’s largest sovereign wealth fund will base its ocean policies on international standards.
Norway Commission Recommends Against Oil Divestment
Panel says divestment would not protect against a permanent drop in oil prices.