Short-Term Losses Dent Norway’s Long-Term Returns
Pension giant’s 10-year return down over 2% after $112 billion first quarter loss.
Pension giant’s 10-year return down over 2% after $112 billion first quarter loss.
‘You can’t be a gambler, and you can’t profess to have a crystal ball,” says state treasurer Dale Folwell.
$1.07 trillion fund is focusing on climate and money laundering issues.
Norges Bank Investment Management also deliberates eight candidates for CEO job.
Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.
Trillion-dollar pension also lifts bans on General Dynamics, Nutrien, Grupo Carso.
World’s biggest sovereign wealth fund adds some top officials from its property arm, now being sucked into the investment division.
Norway wants to reduce portfolio’s vulnerability to oil’s tendency to crash.
Norway’s pension giant has divested from 240 firms since 2012.
How overreliance on one asset class led to a $56.6 billion wipeout.
The tech giant’s Q1 sales warning sends Norway’s Government Pension Fund Global’s near $10 billion investment for a loop.