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

Search Results

Showing 61 - 70 of 111 results for "Norway"

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ...

Sovereign Wealth Funds surge to $5 trillion

MARK SMITH  |  FRIDAY, 11 OCT 2013
... fund products Amy Bensted said. The largest sovereign wealth fund globally is Government Pension Fund - Global, based in Norway, with $775.2bn in assets under management; this is an increase of $185bn since 2012. Asia-based sovereign wealth funds have ...

NZ Super CEO appointed deputy chair of IFSWF

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
... Superannuation Fund. Other members include the Oil Revenues Stabilization Fund of Mexico, the China Investment Corporation, and Norway's US$ 325 billion Government Pension Fund - aka 'the oil fund'.

New deal opens Europe to Aussie AIFs

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
... Investment Fund Managers Directive (AIFMD). The arrangement includes most EU members, and some non-members including Iceland, Norway and Liechtenstein. ASIC Chairman Greg Medcraft said: "We are pleased to have these cooperation arrangements in place. ...

Sovereign wealth funds climb to US$5.5tr

ALEX DUNNIN  |  WEDNESDAY, 17 JUL 2013
... up 44% since the global financial crisis (GFC) and that resources continue to be the main sources of SWF capital flows. Norway's Government Pension Fund at US$737 billion was reported as the world's largest SWF followed by UAE Abu Dhabi's Investment ...

Beggar me not my neighbour

BENJAMIN ONG  |  FRIDAY, 18 JAN 2013
... Telegraph,' "The ECB has so far refused to act to curb euro strength, standing aloof as Japan, the US, Britain, Switzerland, Norway, New Zealand and Korea itself, among others, try to steer their currencies lower." Yup, so far. But maybe not for long ...

More good news for US housing market

MARK STORY  |  TUESDAY, 4 DEC 2012
... going forward." Adding to a momentum of positive economic indicators emerging from the US economy was the decision by the Norway's US$660 billion sovereign wealth fund - the worlds largest - to invest US$11 billion within the US real estate market. Mandated ...

Coming in 2014: Aussie recession

BENJAMIN ONG  |  THURSDAY, 29 NOV 2012
... the United States in postponing the introduction of the Basel III reforms" for another six months or longer. 6 Sweden and Norway replace Switzerland as havens. Not if you look at their relative 10-year benchmark bond yields. Since the day of Steen's ...

Woe R'Us

BENJAMIN ONG  |  THURSDAY, 11 OCT 2012
... generation and reports are that Aussieland will overtake Spain as the 12th largest world economy this quarter and behind only Norway and Switzerland in terms of per capita GDP), employment, fiscal balance, scope for more monetary policy accommodation... ...

Bond boom or bust?

BENJAMIN ONG  |  TUESDAY, 4 SEP 2012
... exit. That, or load up only on AAA-rated bonds. There's only a handful - seven - of them now: Australia, Canada, Denmark, Norway, Singapore, Sweden and Switzerland. Though Germany's still AAA, it's now on a negative outlook.