Tag: Norway

Corporate Moves June 1, 2020

Norges Bank Finalizes Contract with Controversial CEO Pick

The incoming chief executive will distance himself from his old hedge fund.

Asset Management Culture May 18, 2020

However, weak krone erases over $438 million in value from now-excluded holdings.

Coronavirus - COVID-19 May 13, 2020

Economic downturn forces government to take out over $37 billion.

Newsmakers April 21, 2020

Norges Bank investigates outgoing CEO’s flight on luxury jet paid for by incoming CEO before his hiring.

Pensions April 9, 2020

Pension giant’s 10-year return down over 2% after $112 billion first quarter loss.

Manager Selection March 27, 2020

Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.

Asset Management Culture March 19, 2020

Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.

Research March 9, 2020

$1.07 trillion fund is focusing on climate and money laundering issues.

Pensions February 28, 2020

Norges Bank Investment Management also deliberates eight candidates for CEO job.

Regulation February 5, 2020

Class action lawsuit accuses software firm of predatory lending practices.

Risk December 5, 2019

Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.

News November 27, 2019

Fund says firm is risky due to ‘systematic human rights violations.’

Corporate Moves October 31, 2019

Yngve Slyngstad to step down after 12 years running the $1.09 trillion fund.

Asset Allocation October 4, 2019

The Scandinavian country is the latest entity to run scared from oil-dependent firms.

Newsmakers September 9, 2019

$80 billion fund seeks action to end ‘devastating environmental damage.’