Who decides what
The Parliament (Stortinget)
Has laid down the formal framework for the fund in the Government Pension Fund Act.
Ministry of Finance
Has overall responsibility for the fund and issues guidelines for its management.
Is responsible for managing the fund. The Executive Board has delegated the operational management of the fund to Norges Bank Investment Management.
Norges Bank Investment Management
Manages the fund with the mission of safeguarding and building financial wealth for future generations.
About Norges Bank Investment Management
We are responsible for the operational management of the oil fund. Our objective is the highest possible return on the fund. We aim to achieve this in a safe, efficient, responsible and transparent manner, and within government guidelines. The fund is invested worldwide and so we are an international organisation with a global outlook.
We have offices in Oslo, London, New York and Singapore. Our global presence brings us closer to the markets we invest in and ensures stronger links with partners in different parts of the world.
At Norges Bank Investment Management, you will be working for one of the largest funds in the world. Managing the fund is an important and complex task that requires an international investment organisation with high standards when it comes to operations, governance, compliance, transparency and accountability. We offer exciting challenges in a wide range of disciplines.
We give expert lectures at universities and contribute academically to courses at educational institutions , offering a practical perspective on finance, technology and responsible investment topics.
Women in finance
We want to help increase the proportion of women in leadership positions in the finance industry. As a signatory to the Women in Finance Charter, we have made a commitment to set internal targets for gender balance in leadership and senior positions.
Questions about individual investments or assessments of future market developments may be market sensitive and therefore cannot normally be discussed by Norges Bank Investment Management.