Norway: Pensions and Investment News and Analysis
Key changes to pensions in Norway of late have been tweaks to supplementary provisions and reserves that should allow greater risk-bearing capacity, and the migration of the AFP second-pillar scheme from an early retirement system to a lifelong occupational pension top up. This is to incentivise longer working lives. There is also now greater competition in the municipal pensions market with the re-entry of Storebrand to the market as a challenger to the dominant provider KLP.
Pension Funds in the Nordic Region - Country Report
Nordic Region Report 2024: Denmark’s government urges pension funds to support defence
Danish schemes embrace defence – as long as ESG criteria and international conventions are adhered to
TOP NORWEGIAN PENSION FUNDS 2024
Pension fund/entity | Assets (€’000)
- Norway Government Pension Fund Global | 1,548,996.540
- Kommunal Landspensjonskasse (KLP) | 91,052,710
- Folketrygdfondet | 31,176,585
- Oslo Pensjonsforsikring | 12,160,373
- Equinor | 5,131,318
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
TV documentary cliffhanger puts NBIM's recruit in the spotlight
Norway’s sovereign fund manager highlights portfolio manager promotion on social media after he was featured in a recent documentary
Norway, Ireland, Denmark climb in 2025 retirement-security ranking
Smaller countries can more easily reach consensus on key issues affecting pensioners, Natixis observes
Norwegian SWF tightens scrutiny around Israel assets, divests more
Finance minister Stoltenberg satisfied with response from NBIM and Council on Ethics after Bet Shemesh scandal
Norway’s FSA to probe including hybrid pensions in one-pot DC accounts
Finance ministry considering whether pensions-gathering scheme – ‘egen pensjonskonto’ – should also be introduced for hybrid, part-DB, pensions
IPE Nordic Briefing: Norway’s sovereign wealth fund under pressure
Plus: Denmark’s PBU sells investments with Israeli links; Danish pension funds see value of investments in defence companies double
Tangen brushes off calls to quit as Norway’s SWF sells off Israeli stocks
GPFG bounces back from losses in Q2, but krone strength wipes out gains
TOP MANAGERS: NORDIC REGION INSTITUTIONAL ASSETS
Company | Assets (€m)
- SEB | 65,000*
- BlackRock | 61,541
- DNB Asset Management | 53,712**
- Nordea Asset Management | 52,442
- Storebrand Asset Management | 35,386***
- State Street Global Advisors | 29,768
- Nykredit Asset Management | 26,163
- Northern Trust Asset Management | 22,607
- Morgan Stanley Investment Management | 8,936*
- Amundi | 8,344
As at 30.9.3.23, *30.16.23, **15.11.23, ***10.6.22
©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report
Interviews
- Previous
- Next
Why Norway's rebuff to oil fund over private equity is all about pay and equality
It would be hard to argue that Norway’s sovereign wealth fund is not diversified, but its range of permitted asset classes is narrower than that of peers.
TV documentary cliffhanger puts NBIM's recruit in the spotlight
Norway’s sovereign fund manager highlights portfolio manager promotion on social media after he was featured in a recent documentary
Norway, Ireland, Denmark climb in 2025 retirement-security ranking
Smaller countries can more easily reach consensus on key issues affecting pensioners, Natixis observes
Norwegian SWF tightens scrutiny around Israel assets, divests more
Finance minister Stoltenberg satisfied with response from NBIM and Council on Ethics after Bet Shemesh scandal
Norway’s FSA to probe including hybrid pensions in one-pot DC accounts
Finance ministry considering whether pensions-gathering scheme – ‘egen pensjonskonto’ – should also be introduced for hybrid, part-DB, pensions
IPE Nordic Briefing: Norway’s sovereign wealth fund under pressure
Plus: Denmark’s PBU sells investments with Israeli links; Danish pension funds see value of investments in defence companies double
Tangen brushes off calls to quit as Norway’s SWF sells off Israeli stocks
GPFG bounces back from losses in Q2, but krone strength wipes out gains
Danish pension fund divests Booking on Israel links, as Norway SWF takes steps
Pension fund for early childhood and youth educators decries treatment of children in Gaza; Stoltenberg says NBIM will take measures on Israeli investments next week
Norway orders review of SWF’s Israel investments
At book launch event in Oslo, NBIM CEO confirms GFPG is still a shareholder in Bet Shemesh Engines, and increased its stake this year
NBIM chief Tangen reveals how he kept his job amid Elon Musk text furore
CEO of Norway’s SWF publishes book on leadership, compiling podcast interviews
Norway launches independent review of SWF’s active management
Academics Trond Døskeland and André Wattø Sjuve of Bergen’s NHH appointed as expert group
IPE BEST PENSION FUND IN THE NORDIC REGION AWARD WINNERS
Nordic Region
- 2023 - The Swedish Fund Selection Agency
Denmark
- 2022 - Industriens Pension
- 2021 - PensionDanmark
- 2020 - PensionDanmark
- 2019 - ATP | PensionDanmark
Norway
- 2022 - KLP
Sweden
- 2022 - Alecta pension insurance, mutual
- 2021 - Fjärde AP-fonden (AP4)
- 2020 - Fjärde AP-fonden (AP4)
- 2019 - Swedish Pensions Agency
Copyright © 1997–2025 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP
Site powered by Webvision Cloud