Tagged: oil fund

Oil Fund

Oil Fund lost billions in 2018

“No reason to worry,” says fund’s governor Pieter Wijnen Norway Today The Global Pension Fund of Norway (aka the oil fund) experienced a negative yield of 6.1 percent last year, corresponding to a loss...

Oil fund’s dirty money

The Sovereign Wealth Fund’s stakes in the coal industry are higher than previously acknowledged Susanne Tunge Østhus The Foreigner The wealth fund’s holdings amount to NOK 82.2bn in the coal sector, a study conducted...

Norway wealth fund falls to $443 billion in October

Norway’s sovereign wealth fell by 1.9 percent to a preliminary NOK 2.497 trillion ($442.6 billion) in October from 2.546 trillion at the end of September, central bank data showed on Friday. The fund’s value...

New Management Team at Norway’s Oil Fund

Norges Bank Investment Management (NBIM) has formed a new executive team with broad international competence. “This completes the final phase of an extensive reorganisation at NBIM that started with the appointment of Yngve Slyngstad...

Norway oil fund grew 5 pct in May to $359 billion

OSLO, June 15 (Reuters) – Norway’s sovereign wealth fund grew by 5 percent to a preliminary NOK 2.308 trillion (USD $359 billion) in May from the end of April, the central bank’s monthly balance...

Norwegian domestic pension fund loses value

The value of the Norwegian government’s domestic pension fund declined 25 percent in 2008 to $12.3 billion due to collapsing stock prices during global financial turmoil, the national welfare administration Folketrygdfondet announced Feb 4,...

Norway oil fund’s Israel holdings under scrutiny

OSLO, Jan 6 (Reuters) – Norway’s finance minister has ordered a review of investments by the country’s $300 billion wealth fund in companies active in the Palestinian territories after Israel’s crackdown in the Gaza...