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

Search Results

Showing 21 - 30 of 31 results for "Norges Bank"

The trillion dollar pension fund

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
... largest pension funds hit US$1 trillion. "I don't think anyone expected the fund to ever reach US$1 trillion dollars," Norges Bank Investment Management chief executive Yngve Slyngstad said. "Reaching US$1 trillion dollars is a milestone, and the growth ...

Norwegian pension fund drops 52 coal companies

ALEX BURKE  |  FRIDAY, 15 APR 2016
Norges Bank has announced that 52 coal companies, including two Australian ones, will be excluded from the roughly $1 trillion Government Pension Fund Global. The exclusions came after the introduction in February of a new "product-based coal criterion" ...

Easier for as long as necessary?

BENJAMIN ONG  |  MONDAY, 21 MAR 2016
... interest rates for at minus 0.75%, it has the deepest negative interest rate not only in Europe but the world. Not so for Norges Bank - Norway's central bank - which unexpectedly cut interest rates by 25 bps to 0.5% last week and hinted that, "the key ...

Norwegian fund reviews ESG approach

DARREN SNYDER  |  MONDAY, 8 FEB 2016
... and reporting. Monitoring environmental, social and governance (ESG) risks in the portfolio is an important part of Norges Bank Investment Management's (NBIM) work on responsible investment," a fund statement said. Chief executive of NBIM, Yngve Slyngstad ...

CalPERS sells $4.2bn in real estate assets

LAURA MILLAN  |  TUESDAY, 17 NOV 2015
... largest managers of real estate assets in the world with more than US$100 billion worth of property. At the same time, Norges Bank Investment Management, the world's largest sovereign wealth fund, released a report analysing real estate as an asset class. ...

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 ...

NZ Super Fund named world's most innovative

MARK STORY  |  THURSDAY, 6 DEC 2012
... Industry Innovation Awards in New York. The other finalists were the Australian Future Fund; Singaporean fund GIC; Norges Bank Investment Management and the State Oil Fund of Azerbaijan. Chairman Gavin Walker said the award recognised the Fund's transparency ...

Norway pension manager expands into Singapore

PRESS RELEASE  |  THURSDAY, 13 MAY 2010
Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, has expanded operations to Singapore to get closer to the region it invests 10 per cent of its funds. The Singapore office will focus on investment and trading ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... sitting by watching their economies sink. And they'll 'do what is necessary.' Just last week, Bank Indonesia, Norway's Norges Bank and the Bank of England all cut their key interest rates by 50 bps to 8.25 per cent, 2.5 per cent and 1 per cent, respectively. ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... $120 billion by the Bank of Japan, $15 billion by Danmarks Nationalbank, $240 billion by the ECB, $15 billion by the Norges Bank, $30 billion by the Reserve Bank of Australia, $30 billion by the Sveriges Riksbank, and $60 billion by the Swiss National ...