Market Moves
World’s Largest Sovereign Wealth Fund Embeds AI Into Portfolio Management
Norway’s $2.1 trillion Government Pension Fund Global is using large language models to screen all of its investments.
Tag: Norway Government Pension Fund Global
Asset Allocation
Norges Bank Takes Major Palantir Position Amid Suspension of Council on Ethics
Palantir Technologies has been accused of contributing to human rights violations by providing U.S. Immigration and Customs Enforcement with software used to track targets for mass deportation.
Asset Allocation
Surging Q2 Financials Fuel Norway SWF’s H1 Return
Despite a 1.6% loss in Q1, the $1.92 trillion Government Pension Fund Global returned 5.7% for the first six months of 2025.
Asset Allocation
Norway’s $1.9T SWF Divests 11 Israeli Investments, More Possibly to Come
The country’s central bank has also terminated its contracts with external managers in Israel.
Asset Allocation
How 5 Of the World’s Largest Pension Funds Invest to Combat Climate Change
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
Newsmakers
Norway’s Sovereign Wealth Fund Backs Shell, Votes Against Chevron, ExxonMobil on Climate Proposals
Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.
Newsmakers
Norway’s Pension Fund Global Excludes 3 Firms Over Human Rights Violations
The central bank says PTT Oil and a subsidiary, as well as surveillance software maker Cognyte, represent ‘unacceptable risks.’