If any of oil fund’s risk scenarios come true, the value drop will be massive

Norges Bank Investment Management has prepared three new risk scenarios for the oil fund for 2024. Two of these are macroeconomic and one is geopolitical, says NBIM Deputy CEO Trond Grande.

Trond Grande is deputy CEO of Norges Bank Investment Management. | Photo: PR: NBIM

by REETA ILONA PAAKKINEN

Norges Bank Investment Management (NBIM) has prepared three risk scenarios for 2024 for the investments of Government Pension Fund Global.

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If any of oil fund’s risk scenarios come true, the value drop will be massive

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Front page now

Comment: Investors don’t need to invent policies on Gaza

The list of money managers axing oil stocks just got longer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

World's best EMD team still waiting for clients to return to Danske AM

Eight Nordic managers move up in global top 500 ranking

The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Sampension and utility firm join forces to invest in solar plant