Newsmakers
Japan’s Sovereign Wealth Fund Surpasses Norway’s as World’s Largest
A 1.5% return for fiscal 2018 raises the fund’s total asset value to $1.46 trillion.
Tag: Norway
Asset Allocation
Norway’s Pension Giant Revokes Walmart, Rio Tinto Exclusions
Trillion-dollar pension also lifts bans on General Dynamics, Nutrien, Grupo Carso.
Risk
Norway Approves Sovereign Wealth Fund Fossil Fuel Divestment
World’s largest pension fund will dump $13 billion worth of oil, gas, and coal investments.
Risk
Norway’s Sovereign Wealth Mega-Fund Divests from Cannabis
$1 trillion GPFG received heavy pushback from narcotics association.
Risk
Norway’s Largest Pension Fund Divests From Alcohol, Gambling Investments
Action latest in KLP’s quest to eliminate ‘sin stocks’ from its $80 billion portfolio.
Newsmakers
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.
Regulation
Norway Reviews Ethical Guidelines
Government Pension Fund Global also introduces coal thresholds.
Corporate Moves
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.
Three Norway Municipal Funds to Merge
Buskerus, Akershus, and Østfold will pool assets.
Newsmakers
Norway Pension Fund Excludes Halcyon Agri for Environmental Damage
Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.
Risk
World’s Largest Sovereign Wealth Fund Cutting Volatile Energy Stocks
Norway wants to reduce portfolio’s vulnerability to oil’s tendency to crash.
Risk
World’s Largest Sovereign Wealth Fund Flexes Its Muscles
Norway’s pension giant has divested from 240 firms since 2012.
Newsmakers
Equities Killed Norway’s Sovereign Wealth Fund in 2018
How overreliance on one asset class led to a $56.6 billion wipeout.