Norges Bank Investment Management (NBIM) manages the Norwegian Government Pension Fund Global.
We work to safeguard and build financial wealth for future generations through responsible management of the fund. We use our ownership rights to promote good corporate governance and high social and environmental standards at companies in our portfolio.
PRESS RELEASE
13 AUGUST 2010
30 JUNE 2010
04 JUNE 2010
The Government Pension Fund Global returned -5.4 percent (-155 billion kroner) in the second quarter of 2010, pulled down by a decline in global equity markets.
“The biggest stock market drop was in Europe, where the fund has about half its equity investments,” says Yngve Slyngstad, Chief Executive Officer of Norges Bank Investment Management (NBIM). “The decline was largely driven by concern over high sovereign debt in some European countries, funding challenges for banks and fears of a new economic slowdown.”
Our mission is to safeguard and build financial wealth for Norway's future generations
A global investment organisation with more than 250 employees from 21 nations
Offices in Oslo, London, New York, Singapore and Shanghai, operating 24 hours a day
Our core values
- Excellence
- Integrity
- Innovation
- Team spirit
