Asset Owner Directory

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 ($B, AS AT DATE OF ASSET ALLOCATION)

$1,238

Performance (%, 1YR)

-14.1

Chief Executive

Nicolai Tangen

Chief Investment Officer

Mie Caroline Holstad(Real Assets) & Geir Oivind Nygard(Asset Strategies) and Malin Norberg(Asset Strategies) and Pedro Furtado Reis(Equities) and Daniel Balthasar(Equities)

Chair

Ida Wolden Bache

Asset allocation

69.8% Equities

27.5% Fixed Income

2.7% Real Estate

0.1% Unlisted Renewable Energy Infrastructure

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website

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