Equities Killed Norway’s Sovereign Wealth Fund in 2018
How overreliance on one asset class led to a $56.6 billion wipeout.
How overreliance on one asset class led to a $56.6 billion wipeout.
Fund divests one company due to human rights violations, and two for coal activities.
Move rejects 2017 proposal to spin off management of the Government Pension Fund Global.
The world’s largest sovereign wealth fund will base its ocean policies on international standards.
Panel says divestment would not protect against a permanent drop in oil prices.
Oil-based equities help grow the world’s largest sovereign wealth fund by $19 billion in the second quarter.
Unlisted private, infrastructure investments barred by Ministry.
Bank cuts companies that derive 30% income or power from coal.
Fund manager reports that some ‘ethical exclusions’ have lowered the fund’s performance.
The world’s largest pension fund now owns 1.4% of all shares worldwide.
Largest SWF ready for multiple 100 billion-yen agreements each year.
Hiro Mizuno of GPIF is calling for RFPs to create a new global environmental index.
Human rights violations and involvement in nuclear weapons production among reasons for exclusion.
Ministry of Finance to present decision-making assessment this spring.