Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 111 results for "Norway"

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
Norway's sovereign wealth fund has reversed its fortunes, clocking a 16.1% return for 2023 following the -14% it recorded the previous year. Norges Bank Investment Management reported the Government Pension Fund Global raked in a return of $322 billion ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... Australia ranked seventh for retirement security worldwide, keeping its place in the top 10. The top five countries were Norway, Switzerland, Iceland, Ireland, and Luxembourg. The Netherlands was ranked sixth, followed by Australia, New Zealand, Germany ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
Norway's $1.4 trillion Government Pension Fund Global returned 10% in the first half, equivalent to $343 billion. Norges Bank Investment Management reported a $13.7% return on equity investments for the first half of 2023, while fixed income yielded ...

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... largely due to its investment in alternatives over the years. It has grown 44% in the last two years and now surpassed Norway's Government Pension Fund Global which has US$1.2 trillion. This focus on alternatives is now flowing through to other SWFs ...

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
... rapid decarbonisation - 5% market penetration is predicted to be the trigger for rapid uptake of EVs in a country. After Norway achieved 5%, sales jumped to nearly 15% the next year. China is following Norway's lead, only a couple years behind. After ...

Rest appoints head of property

ELIZABETH FRY  |  MONDAY, 6 FEB 2023
Rest has confirmed the appointment of Andrew Bambrook as head of property. Bambrook joins the $66 billion fund from TelstraSuper where he headed up the real assets team for six years. Reporting to Simon Esposito, Rest's deputy chief investment officer ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... financial services industry and individuals." The GRI looked at the performance of retiree welfare across the globe and ranked Norway in the first place, Switzerland second and Iceland third. Australia sits at fifth place, retaining its spot in the top ...

Australia ranked seventh for retirement wellbeing

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... ranked first for the third consecutive year while the top six country rankings remained unchanged since 2020 - Switzerland, Norway, Ireland, Netherlands, New Zealand. The index, developed by Natixis Investment Managers and CoreData Research, is designed ...
PREVIOUS
NEXT