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
Get full access for you and your coworkers.
Start a free company trial todayMore from AMWatch
Pensions sector responds to "unnuanced" carbon report
In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.
Former fund selector’s advisory business brings in top senior advisor
The former Erik Penser Bank fund selector Andreas Lindström’s new venture has brought a Swedish media entrepreneur on board.
Fund managers’ net-zero path ‘irrevocably flawed,’ study finds
Most asset managers that promised to eliminate their financed emissions by 2050 have failed to submit plausible plans toward achieving that goal, according to a fresh analysis of the process.
Consultant house reaches beyond the Nordics with UK hire
Swedish asset management advisor House of Reach is taking its business model outside of the Nordics.
Nordic SPAC craze is over, says Deutsche Bank's Nordic CEO
Whilst one of the first SPACs in the Nordics found its acquisition target within a few months, several others are yet to make their moves. Deutsche Bank’s CEO for Nordics Jan Olsson comments on the waning enthusiasm for the trend.
Ansvarshavende chefredaktør/direktør til Fagbladet Folkeskolen ApS 
IT Specialist 
Virksomhedsmæglere søges til landets førende virksomhedsmægler 
Erfaren og ambitiøs ESG manager med drive og godt humør søges 
Skattechef