A film about the fund
The Norwegian people own the fund
See our film about the history, objective and management.
The fund's investments
We invest in 9,000 companies and have investments in 75 countries. The fund's annual holdings are available from 1998 to end of 2014.
Global investments
39%
Europe
39%
North America
18%
Asia and Oceania
4%
rest of the world
Risk management
Our focus areas
We work on selected issues that are relevant across multiple sectors, and have formulated expectations for how companies should manage risk and report on their activities. We have three focus areas dealing directly with environmental and social issues:
2015 report
responsible
investment
Our work on responsible investment is an integrated part of the investment process. The aim of this report is to provide an overview of the many areas we are working on.
The Fund's returns
5.8%
Annual return 1998-2014
The fund generated an annual return of 5.8 percent from the establishment of Norges Bank Investment Management in 1998 to the end of 2014, measured in the fund's currency basket. After management costs and inflation, the return was 3.8 percent. The return in dollars was 6.3 percent.