Data reported in Sweden’s biggest financial daily suggests the giant Government Pension Fund Global, Norway’s sovereign wealth fund, would have been some NOK300bn (€31.5bn) better off if it has divested from oil and gas holdings a decade ago. The figures are cited by Dagens Industri, which points to a report from Bloomberg, which in turn […]
According to a Norwegian proverb, “If you speak of the sun, it will shine.” And the sun does indeed shine on the relatively small country and its population of just 5.2 million (as at 2016) and a staggering 2,650-kilometre coastline (not including fjords and inlets) – figuratively speaking that is. For Norway has undergone an enormous economic […]
Europe’s largest equity investor, the Government Pension Fund Global, also known as the Norwegian oil fund, the sovereign wealth fund that invests royalties from the country’s oil and gas industry, has reported its third strongest quarterly performance ever. The fund returned 3.8% overall, or NOK298bn (€32.5bn) over the quarter, with equity investments returning 5.5% and fixed […]
Thomson Reuters has launched a Diversity & Inclusion index that ranks 100 listed companies globally on measures of diversity and inclusion in the workplace, as part of its work supplying ESG data to investors measuring risk around ESG factors. The D&I index measures 24 metrics across four categories: Diversity, Inclusion, People Development and News Controversies. […]
Norway’s minister of finance Siv Jensen has announced a significant shakeup of the country’s Government Pension Fund Global which will see up to NOK523bn (€55bn) invested in unlisted property. The figure represents the total investable according to the higher 7% limit on such investments outlined by the government, as a proportion of the fund’s year-end […]
The Strategy Council for the Government Pension Fund Global, Norway’s sovereign wealth fund, has recommended changes to ensure greater focus on responsible investing by the fund’s manager Norges Bank, as well as greater transparency in its decision making.
The Strategy Council of the Pension Fund Global, Norway’s sovereign wealth fund, has been asked by the Norwegian Ministry of Finance to provide a report on responsible investing by next Monday 11 November.
MSCI has produced a research report on behalf of the Norwegian Ministry of Finance, which looks into risk premia as they can be used for allocation decisions affecting large portfolios.
Norway’s $660 billion sovereign wealth fund, the world’s largest stock investor, made $29bn last quarter, on the back of a global stock markets rally and reduced exposure to Eurozone government debt.