Tag: Norges Bank Investment Management

Equities help spur the $1.6 trillion Government Pension Fund Global’s nearly $110 billion investment gain during the quarter.

A growing number of portfolio companies held by Norway’s $1.5 trillion sovereign wealth fund are adopting net-zero targets.

Rallying equities helped the pension giant return 16.1% during the year, but it fell 18 basis points shy of its benchmark.

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.