The return on the Government Pension Fund Global in 2012 was 13.4 percent, the fund’s second best performance ever.
NBIM claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. NBIM has been independently verified for the periods 31 December 1997 through 31 December 2012.
The verification reports are available upon request.
The Government Pension Fund Global returned 4.7 percent,
or 167 billion kroner, in the third quarter of 2012 as
global stock markets rallied.
The Government Pension Fund Global returned -2.2 percent, or -77 billion kroner, in the second quarter of 2012 as global stock markets declined.
The Government Pension Fund Global returned 7.1 percent, or 234 billion kroner, in the first quarter of 2012 as stock markets rose. Measured in kroner, the quarterly return was the third largest since the fund’s inception.