Folketrygdfondet outperforms ten years in a row at half the costs

A report commissioned by the Norwegian government found that the Government Pension Fund Norway’s management fee is less than half of the average reference cost for external managers. 
The CEO of Folketrygdfondet Kjetil Houg | Photo: PR/Folketrygdfondet
The CEO of Folketrygdfondet Kjetil Houg | Photo: PR/Folketrygdfondet

Folketrygdfondet, which manages the domestic and Nordic parts of Norway’s oil fund, achieved a return of 4.1% in Q4, the annual report from the fund shows. 

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