Norway Government Pension Fund Global
Yngve Slyngstad

NORWAY SWF: Climate Change Disclosures Could Seep into Bank Lending Practices

After a majority of shareholders at ExxonMobil voted in favor of climate change disclosure, will there be more disclosure requirements for Europe’s largest banks in the next few years? [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

SHOE DROPS: GM Faces Suit on Alleged Diesel Emissions Cheating

Car manufacturers are under the sword from law firms and regulatory agencies when it comes to diesel nitrogen oxide emissions testing. Nissan, Subaru, Fiat Chrysler, Daimler AG, have all been accused or sued for using methods to dodge emission rules. The first casualty of stemming from the scandals was Volkswagen, which paid a heavy price […]

Norway’s Sovereign Wealth Fund to Await Climate Change Research Results from NY Universities

The Norwegian Finance Initiative (NFI) has awarded two research grants for two separate research projects at Columbia University and New York University. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Follow the Money – Episode 37

Here is a short Follow the Money Show episode after a long-hiatus. This podcast was recorded on May 17, 2017. Download the Episode CONTENTS 1:15 GIC Selling Off its UBS Stake 3:30 Norway’s Sovereign Fund Expands Regent Street Partnership 4:50 One-Belt One-Road, Silk Road Fund Gets More Funding Follow the Money Show is available on […]


Norway’s SWF Expands Regent Street Partnership with The Crown Estate

Norway’s Government Pension Fund Global (GPFG) has strategically expanded its presence in central London. The Regent Street Partnership is a venture between Norges Bank Real Estate Management, the real estate unit of Norges Bank Investment Management (NBIM), and The Crown Estate. NBIM has a 25% stake in the Regent Street Partnership. The partnership acquired ownership […]

SWFI First Read, May 12, 2017

Temasek Participates in Another Investment Round in Virtual Reality Startup Japan-based SoftBank Group Corporation is leading a group of investors to invest in London-based Improbable Worlds Limited, a virtual reality startup. It is a US$ 502 million investment. Returning investors include Temasek Holdings, Andreessen Horowitz and Hong Kong-based Horizon Ventures. These returning investors participated in […]

Why Sovereign Wealth Funds Love Real Estate

Despite Norway’s sovereign wealth fund having a hard time finding suitable properties in Tokyo and in other core Asian cities, sovereign investors in the aggregate have steadily put capital to work in real estate. Even micro sovereign funds like the one owned by the Republic of Nauru, has ownership in Houston office real estate. The […]

Sovereign Funds Ramp Up Healthcare Investments

With the United States experiencing an economic recovery, the healthcare industry is expected to prosper as it remains a significant proportion of the country’s gross domestic product (GDP). Sovereign investors are increasing positions in health-related industries such as pharmaceuticals, genome analysis and diagnostic technologies, while large Canadian pension plans have been investing in specialty healthcare […]

SWFI First Read, May 9, 2017

Apple is Almost Worth More than Norway’s Sovereign Wealth Fund On April 8, 2017, Apple stock roared, going higher than US$ 153.44 per share, giving the tech company a market capitalization of over US$ 800 billion. In March 2017, Norway’s wealth fund broke the US$ 900 billion barrier, approaching US$ 1 trillion in assets. KIA […]

Bharat Heavy Electricals Excluded from Norway SWF List

Norway’s Government Pension Fund Global (GPFG) added a company to its exclusion list. The company added to the exclusion list is Bharat Heavy Electricals Limited, an engineering and manufacturing company based in New Delhi. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

SWFI First Read, May 3, 2017

BVK Buys a Retail Center in Atlanta Suburb On behalf of Bayerische Versorgungskammer (BVK), CBRE Global Investors and Universal-Investment, have acquired the North Point MarketCenter in Alpharetta. Alpharetta is a suburb of Atlanta, Georgia, for roughly US$ 109 million. CBRE Global Investors plans to make improvements to the property. The seller was PGIM Real Estate. […]

EXCEPTIONALLY HIGH RETURN: NBIM CEO Presents Before Norway’s Standing Committee

Yngve Slyngstad, the CEO of Norges Bank Investment Management (NBIM), gave a speech to Norway’s Standing Committee on Finance and Economic Affairs of the Storting. He started off by mentioning the country’s sovereign wealth fund had its value surpass 8 trillion NOK. First quarter returns for Norway’s Government Pension Fund Global (GPFG) stood at 3.8%, […]

SWFI First Read, April 18, 2017

Norway Sovereign Fund Supports Credit Suisse on Executive Compensation Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund, plans to vote in favor of Credit Suisse’s planned payouts to senior managers, according to a fund statement. NBIM agreed and welcomed the statement made by Credit Suisse’s board of directors on April 13, […]

Norway’s Sovereign Fund Surpassed $900 Billion in Assets

Norway’s Government Pension Fund Global (GPFG) had 7,867 billion NOK (US$ 922 billion) in market value at the end of March 2017. The wealth fund returned 3.8% in the first quarter of 2017, benefiting from the rallying stock market in the United States. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please […]

Norway’s Sovereign Wealth Fund Issues Stance on Executive Pay

The world’s largest sovereign wealth fund is taking a principled stance on corporate CEO pay, arguing the current model adopted by most companies is flawed. Norges Bank Investment Management (NBIM), the manager of Norway’s Government Pension Fund Global (GPFG) crafted a policy paper on CEO remuneration. Like the corporate activist pension California Public Employees’ Retirement […]

Are Institutional Investors Ready for BlackRock’s Big Data Pivot?

BlackRock is the world’s biggest publicly-traded investment manager, overseeing an excess of US$ 5 trillion in assets under management. The behemoth manager runs portfolios and sells products to some of the largest sovereign funds, pensions, endowments and other long-term asset owners. The lucrative days of traditional stock picking, also known as active equity management, for […]

MORE AMMO: Norway SWF Could Remove IPO Exception to Invest in Unlisted Companies

The Norwegian oil giant appears to be facing a shrinking pool of equities to choose from in certain developed markets, even though its allocation in public equities is likely to increase over the next three years. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Follow the Money – Episode 35

This episode was recorded on March 22, 2017. Rachel and Michael cover JASTA and the potential effects it will have on future investment activity. This episode has a special focus on legal issues and shareholder rights. There is also a debate on ethical investing and the costs of it. Download the Episode CONTENTS 1:05 Shareholder […]

Norway’s Sovereign Fund Generated Less Income Due to Ethical Divestment Policy

Norway’s Government Pension Fund Global (GPFG) generated 1.11% less in equity returns between 2006 and 2016 due to its policy on excluding companies on ethical grounds, according to a report released by Norges Bank Investment Management (NBIM). These exclusionary guidelines include companies engaged in severe environmental damages, labor issues and others such as the production […]

Once Scorned, Sovereign Investors Take Another Look at U.S. Banks

Remember when sovereign funds bailed out many of the large global banks during the 2007-2008 financial crisis. For several wealth funds, such as the Korea Investment Corporation (KIC), the massive bank bailouts have been a drag on annual portfolio performance. The Abu Dhabi Investment Authority (ADIA) even pursued litigation over Citigroup regarding its US$ 7.5 […]