AMWatch

Oil fund's size may affect returns potential, academics suggest

The Norwegian Ministry of Finance should look into what strategies are impacted by so-called dis-economies of scale, according to an academic panel.

Photo: Marit Hommedal/AP/Ritzau Scanpix/AP

A group of academics reviewing Norges Bank Investment Management's active management of the Government Pension Fund Global (GPFG, or the oil fund) submitted its report and suggestions to the Norwegian Ministry of Finance in the beginning of January.

In the report, the experts -- Professors Rob Bauer at the University of Maastricht, Charlotte Christiansen at Aarhus University and Trond Døskeland at the Norwegian School of Economics -- conclude that the fund has had an annualized average net total return of 7.03 percent compared to the benchmark, which has shown an annual return of 6.83 percent.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch