Norges Bank Investment Management

Norges Bank Investment Management manages the Norwegian Government Pension Fund Global, often referred to as the Norwegian Oil fund. The aim of the fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources so that this wealth benefits both current and future generations of Norway. The fund is invested exclusively outside Norway in order to protect the mainland economy.

Country

Norway

AUM

$2,218

Performance (%, 1YR)

15.11

Chief Executive

Nicolai Tangen

Chief Investment Officer

Malin Norberg(Market Strategies) and Pedro Furtado Reis(Active Strategies) and Daniel Balthasar(Active Strategies)

Chair

Ida Wolden Bache

Asset allocation

71.2% Equities

26.6% Fixed Income

1.8% Unlisted Real Estate

0.4% Unlisted Renewable Energy Infrastructure