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PRESS RELEASE 13 AUGUST 2010

Widespread drop in equity markets led to negative return

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.

30 JUNE 2010

NBIM opens new office in Singapore

Norwegian finance minister Sigbjørn Johnsen and Norges Bank’s governor Svein Gjedrem were in attendance on Wednesday when Norges Bank Investment Management (NBIM), manager of the Government Pension Fund Global, opened a new office in Singapore. The office will help NBIM’s existing office in Shanghai to cover the increasingly important Asia region.

04 JUNE 2010

Stephen Hirsch resigns as deputy CEO

31 MAY 2010

Updated GIPS report with disclosure on leverage and derivatives

NBIM has updated the GIPS report released in March 2010 with a missing disclosure. The missing disclosure relates to the presence, use, and extent of leverage and derivatives, including a sufficient description of the use, frequency, and characteristics of the instruments to identify risks.

31 MAY 2010

Pension funds urge chocolate industry to end child labour

The recent cocoa industry meeting in Utrecht showed companies are still far from fulfilling their 2001 pledge to eliminate child labour in the sector. Industry leaders must take concrete action to remedy this, say pension fund managers Norges Bank Investment Management and APG Asset Management.

 

 

 

 

Last Updated: 24 September 2009

Norges Bank Investment Management (NBIM) | Bankplassen 2, P.O. Box 1179 Sentrum | NO-0107 Oslo, Norway | Tel +47 24 07 30 00 | E-mail contact@nbim.no | Disclaimer