Pensions
Norway’s Pension Fund Rakes in Record $180 Billion Return for 2019
Norges Bank Investment Management also deliberates eight candidates for CEO job.
Tag: Norway
Regulation
Norwegian Internet Company Opera Sued over ‘Misleading’ IPO Documents
Class action lawsuit accuses software firm of predatory lending practices.
Risk
Norway Pension Fund Removes Petrobras from Watch List
Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.
News
Norway Pension to Exclude UK Security Firm G4S
Fund says firm is risky due to ‘systematic human rights violations.’
Norges Bank CEO to Resign, Pension Fund Returns 1.6% in Q3
Yngve Slyngstad to step down after 12 years running the $1.09 trillion fund.
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.
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.