Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
A 1.5% return for fiscal 2018 raises the fund’s total asset value to $1.46 trillion.
World’s largest pension fund will dump $13 billion worth of oil, gas, and coal investments.
Robust growth anticipated for its direct and co-investment strategies across private equity, private credit, and infrastructure.
$1 trillion GPFG received heavy pushback from narcotics association.
Yngve Slyngstad, who manages the money of the world’s largest sovereign wealth fund, thinks environmentally minded rules may hurt returns.
A robust turnaround in equities brings a 5% return for the asset owner.