All Government Pension Fund Global (GFPG) articles
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News
Norwegian SWF dumps €705m General Dynamics stock in new blacklisting
NBIM announces €1bn of exclusions from its investment universe, in latest batch of companies falling foul of the GPFG’s ethical guidelines
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News
Norway’s SWF underperforms and sees declining returns in second half
Equities were only asset class to produce positive returns for GPFG between January and June, interim report shows
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News
NBIM devises corporate disclosure set around online risks for children
Norwegian SWF manager works with UNICEF to highlight companies’ impact on children’s rights through their digital activities
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News
NBIM opts for talks with Bolloré despite own council’s divestment advice
Companies should have policies to respect human rights in supply chains as well as own operations, says Norwegian sovereign wealth fund manager
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News
Norway domestic SWF recommends 3% annual withdrawals
Folketrygdfondet defines a level of withdrawal which would allow the NOK365bn GPFN to retain its real-terms value
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News
Norwegian oil fund drops $400m of stocks on war-linked grounds
NBIM follows advice from its Council on Ethics, and banishes L3Harris, Adani unit and Weichai Power, divesting nearly $400m
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News
Finance minister defends Norway’s increased SWF spending
In revised 2024 budget presented today, Trygve Slagsvold Vedum proposes spending NOK418.7bn of the GPFG money, sticking to higher level of oil money use
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News
NBIM misses benchmark in Q1 on drag from real estate
Tangen boasts biggest-ever quarterly gain in kroner for the Norwegian sovereign wealth fund
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News
Tangen’s hopes dashed for SWF’s timely private equity debut
Norwegian government refuses to allow NBIM to add unlisted equity to GPFG’s asset mix for now, but moves to gather more information on the idea
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News
Norwegian wealth fund ratchets up criticism of UK’s dual-class share plan
Apart from undermining UK’s reputation for strong investor protection, argues NBIM, FCA’s efforts might not even pay off
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Analysis
NBIM needs much longer-term strategy and better communication, academic finds
Nicolai Tangen praised for SWF’s transparency in releasing the internal report on its organisational culture
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News
Norway’s SWF returns 16% in 2023, but underperforms index
GPFG’s unlisted real estate suffers 12.4% loss, as property management drags overall relative return into negative territory
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News
NBIM extends long-running Niger Delta engagement with Shell, Eni
Norwegian SWF says ‘still a forward-looking risk of norm violation’ by the oil companies
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News
Norwegian, Swedish professors stick with advice on adding private equity to GPFG
Døskeland and Strömberg say NBIM’s preferred implementation is very similar to their advice
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News
Folketrygdfondet formally proposed to run NOK30bn Arctic SWF
Kjetil Houg says draft legislation is ‘declaration of confidence’ in his organisation
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News
NBIM chose ‘driver’s seat’ for SVB class action, but no bids for other US leads
Norway’s SWF manager spells out its three main reasons for seeking lead plaintiff role in Silicon Valley Bank legal action
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News
Norway’s SWF sets out plan to become $40-70bn private equity investor
Tangen says now is very good time to start building private equity portfolio, with discounts available in secondary market
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News
Nigerians tell NBIM its information on Shell-linked damage is one-sided
NBIM says now in the process of evaluating progress towards its engagement objectives and next steps
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News
Academic slams NBIM CEO backing of BlackRock gender research
London Business School professor accuses NBIM leader of spreading misinformation with social media post about ‘seriously flawed’ BlackRock gender diversity report
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News
NBIM’s active management limits SWF’s portfolio-wide Q3 loss
Value of Norwegian GPFG falls back on negative investment returns and falling krone