Tag: Norges Bank Investment Management

The $1.44 trillion Government Pension Fund Global has been investing in office real estate in the area since 2013.

The $1.3 trillion Government Pension Fund Global’s investment portfolio lost 2.1%—$33.6 billion—during the quarter.

The pension giant also found that venture capital and growth equity have underperformed public equities.

The $1.4T Norges Bank Investment Management has increased its climate expectations for more than 9,000 companies in its portfolio.

Following a weak 2022, the Government Pension Fund Global’s market value rose to $1.443 trillion at the end of June.

It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.

The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.

The $1.4 trillion pension fund manager’s two-year research project will also investigate how resilience and sport psychology can boost results.

Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.

The pension giant also excluded two firms for ‘serious violations of individuals’ rights’ in Myanmar.

CEO Nicolai Tangen acknowledged that Norges Bank Investment Management ‘lost a considerable sum’ from the Silicon Valley Bank failure.

The $1.3 trillion pension giant is currently prohibited from investing in the asset class, but that may change.

The $1.4 trillion Government Pension Fund Global is investing $650 million in solar plants and wind farms in Spain.

Group will advise Norway’s $1.3 trillion sovereign wealth fund on climate-related financial risks.