Latest Norway News – Page 10
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News
KLP says rising rates will lead to higher revenues after 0.75% Q1 loss
Introduction of a common buffer fund helped to strengthen KLP’s capital adequacy, says CEO of Norwegian municipal pensions giant
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NewsNorway scales back SWF spend as local economy blooms
Presenting revised 2022 budget, finance minister says petroleum revenue spending must shrink to avoid overheating economy
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Norway’s SWF submits plan to divest zero-value Russian assets ‘over time’
NBIM proposes adjustments to GPFG’s mandate to reflect the removal of Russia from fund’s investment universe – but does not disclose details
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NewsNBIM criticises OECD’s draft climate risk tool for its divestment focus
SWF manager says dual objective of RBC and shift of capital in green direction creates confusion
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News
NBIM divests Chinese sportswear firm due to Xinjiang human rights risks
Norwegian sovereign wealth fund also puts Bombardier, Adani Ports and Hyundai Glovis on ethical watch list
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Norway SWF’s NOK27bn Russia assets lose 90% of value, may become worthless
GPFG nurses 6.1% loss so far this year, as NBIM leadership emphasises uncertain outlook in news conference
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NewsNBIM says company reporting should comply with spirit of law – not just letter
Manager of the NOK11trn GPFG responds to EU’s corporate reporting consultation
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Nordics roundup: OPF turns in 10.2% gain and plans to boost buffers
Plus: KPA and parent Folksam report pension returns of 13.7% and 13.0%
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News
Nordic investors steer clear of Cayman Islands after tax blacklisting
Some declare immediate ban, while others take time to decide
