
Asset Allocation
Norway Pension Giant Rebounds in Q3 From Heavy First-Half Losses
The $1.15 trillion fund returns 4.3% during the quarter after losing $21 billion in the first half.
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Yngve Slyngstad to step down after 12 years running the $1.09 trillion fund.
Trillion-dollar pension also lifts bans on General Dynamics, Nutrien, Grupo Carso.
Yngve Slyngstad, who manages the money of the world’s largest sovereign wealth fund, thinks environmentally minded rules may hurt returns.
World’s biggest sovereign wealth fund adds some top officials from its property arm, now being sucked into the investment division.
Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.
How overreliance on one asset class led to a $56.6 billion wipeout.