New YorkLondonOsloShanghaiSingapore

2010

PRESS RELEASE 04 NOVEMBER 2010

Fund posts its fifth-largest quarterly return

The Government Pension Fund Global returned 7.2 percent, or 199 billion kroner, in the third quarter, driven by gains in global stock and bond markets. The return was the fifth-largest in the fund’s history.

PRESS RELEASE 04 NOVEMBER 2010

Fund Announces First Property Investment

Norges Bank, which manages the Norwegian Government Pension Fund Global, has agreed to buy a 150-year lease on a 25 percent stake in The Crown Estate’s Regent Street properties in London.

19 OCTOBER 2010

Fund tops 3 trillion kroner for first time

Norway’s Government Pension Fund Global, set up to safeguard the country’s oil wealth for future generations, rose today to 3 trillion kroner for the first time in its 14-year history.

15 OCTOBER 2010

Fund tops ranking of sovereign wealth funds

Norway’s Government Pension Fund Global tops a ranking of 53 sovereign wealth funds (SWFs) in 37 countries by researcher Edwin M. Truman. The ranking evaluates the management and governance of funds including California’s CalPERS and Dutch ABP, which often are not classified as SWFs. This is the third year in a row that Truman ranks different sovereign wealth funds.

05 OCTOBER 2010

Norges Bank submits letters on strategy, responsible investment

Norway’s government today published two letters from Norges Bank to the Ministry of Finance in the national budget proposal for 2011.

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.

INTRODUCTORY STATEMENTS AT AN OPEN HEARING 18 MAY 2010

Hearing on NBIM’s fund management

Norges Bank Governor Svein Gjedrem and NBIM CEO Yngve Slyngstad on 18 May spoke at an open hearing before the Norwegian parliament’s Standing Committee of Finance and Economic Affairs. The annual hearing was about management of the Government Pension Fund Global.

PRESS RELEASE 07 MAY 2010

A good first quarter for the fund

The Norwegian Government Pension Fund Global returned 3.9 percent (103 billion kroner) in the first quarter of 2010, helped by gains in global equity and fixed-income markets. The result was 0.4 percentage point higher than the return on the fund’s benchmark portfolio.

PRESS RELEASE 07 MAY 2010

NBIM to open office in Singapore

Norges Bank Investment Management (NBIM) will open an office in Singapore to expand its operations in Asia’s fast-growing markets. NBIM manages the Norwegian Government Pension Fund Global and is already located in Oslo, London, New York and Shanghai.

18 APRIL 2010

NBIM revamps its web site

Norges Bank Investment Management (NBIM) is pleased to introduce its improved web site, with new features and more information on the Norwegian Government Pension Fund Global.

08 APRIL 2010

Carbon Disclosure Project (CDP) issues its first water disclosure questionnaire to world’s largest companies

PRESS RELEASE 05 MARCH 2010

The best year in the fund’s history

Gains in international equity and fixed income markets led to a record annual return for the Government Pension Fund Global in 2009. The fund returned 25.6 percent, equivalent to 613 billion kroner. This was 4.1 percentage points higher than the return on the benchmark portfolio.

20 JANUARY 2010

NBIM’s presentation on active management

The Norwegian Ministry of Finance hosted a seminar on 20 January on NBIM’s active management of the Government Pension Fund Global . CEO Yngve Slyngstad presented NBIM’s views on active management.
Last Updated: 04 February 2010

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