Norway’s Finance Ministry: Keep Sovereign Wealth Fund with Central Bank
Move rejects 2017 proposal to spin off management of the Government Pension Fund Global.
Move rejects 2017 proposal to spin off management of the Government Pension Fund Global.
The world’s largest sovereign wealth fund will base its ocean policies on international standards.
Panel says divestment would not protect against a permanent drop in oil prices.
Oil-based equities help grow the world’s largest sovereign wealth fund by $19 billion in the second quarter.
Unlisted private, infrastructure investments barred by Ministry.
Bank cuts companies that derive 30% income or power from coal.
Fund manager reports that some ‘ethical exclusions’ have lowered the fund’s performance.
The world’s largest pension fund now owns 1.4% of all shares worldwide.
Largest SWF ready for multiple 100 billion-yen agreements each year.
Hiro Mizuno of GPIF is calling for RFPs to create a new global environmental index.
Human rights violations and involvement in nuclear weapons production among reasons for exclusion.
Ministry of Finance to present decision-making assessment this spring.
Switch will decrease government’s exposure to shock vulnerability, bank says.
Per Løken and Romain Veber to oversee the US and Europe, respectively.