Norges Bank Investment Management (NBIM) is the asset management unit of the Norwegian central bank (Norges Bank). NBIM manages the Government Pension Fund Global (often referred to as the Norwegian oil fund) and most of Norges Bank's foreign exchange reserves.
Facts about NBIM
- NBIM was set up by the Norwegian central bank in January 1998 to manage the Government Pension Fund Global and most of Norges Bank’s foreign exchange reserves.
- NBIM aims to get the highest possible return on the fund within the investment mandate set by the Ministry of Finance. NBIM seeks to safeguard the long-term financial interests of Norway's future generations through active management and active ownership.
- NBIM is an integrated global organisation with more than 340 employees from 27 countries.
- NBIM has offices in Oslo, London, New York, Shanghai and Singapore.