Asset Allocation
Norway’s Pension Fund Divests from Upstream Energy Companies
The Scandinavian country is the latest entity to run scared from oil-dependent firms.
Tag: Norway
Newsmakers
Norway’s KLP Pressures Agribusiness, Investors to Save the Amazon
$80 billion fund seeks action to end ‘devastating environmental damage.’
Risk
Norway Pension Giant Earns 2.95% in Q2 on Strong Equities, Fixed Income
Central Bank suggests adjusting GPFG's benchmark to increase North American equities.
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.
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.