The aim of the fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources so that this wealth benefits both current and future generations of Norway. Our objective as manager of the fund is to generate 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 the largest single owner in the world’s stock markets, owning almost 1.5 percent of all shares in the world’s listed companies. This means that we have holdings in around 9,000 companies worldwide. In addition, the fund owns hundreds of buildings in some of the world’s leading cities and an offshore wind farm. The fund also receives a steady flow of income from lending to countries and companies.
We are 572 people from 35 countries with offices in Oslo, London, New York, Singapore and Shanghai. Our global presence brings us closer to the markets we invest in and ensures us stronger links with partners in different parts of the world.
The leader group
The main responsibility for the leader group of Norges Bank Investment Management is to deliver good return for the Norwegian people in a responsible way. The leader group consists of the CEO, Chief of Staff/Deputy CEO in addition to five Chiefs responsible for the fund’s investment strategies. It also consists of chiefs responsible for risk, governance and compliance, human resources, communications and external relations and a Chief Technology and Operating Officer.
Last saved: 02/03/2023