The Fund's Market value
We work to safeguard and build
financial wealth for future generations
A film about the fund
The Norwegian people own the fund
Our mission is to safeguard and build financial wealth for the future generations of Norway. See our film about the fund's history, objective and management.
Equities, Fixed Income and real estate
The fund is invested globally in international equities, fixed income and real estate. The goal is to have well diversified investments that distribute risk and generate the highest possible return within the mandate from the Ministry of Finance.
More on the investment strategy
Our focus areas
We work on selected issues that are relevant across multiple sectors, and have formulated expectations for how companies should manage risk and report on their activities. We have three focus areas dealing directly with environmental and social issues:
More on responsible investment
The fund's returns
The fund generated an annual return of 5.9 percent from the establishment of Norges Bank Investment Management in 1998 to the end of the second quarter of 2018, measured in the fund's currency basket. After management costs and inflation, the return was 4.0 percent.
2Q press conference
21 August 2018
Egil Matsen, Deputy Governor of Norges Bank, and Trond Grande, Deputy CEO of Norges Bank Investment Management, presented the results for the Government Pension Fund Global in second quarter 2018. The press conference was held in Norwegian.