Internal active equity management has enabled the fund to develop investment strategies tailored to its characteristics. This virtual NBIM Talk examines the fund's more than 20 years' experience in this area. The participants are: Nicolai Tangen, CEO, Yngve Slyngstad, former CEO, Petter Johnsen, Chief Equities Officer, Sigmund Kyrdalen, Global Head of Special Mandates and Finn Hvistendahl, Senior Portfolio Manager. This talk reflects the historic development of these strategies and we are aware that the contributors are all male. This is not in line with our ambition for diversity and will not be repeated.
Company insight is critical in fulfilling our role as a large and long-term owner of companies. The company insight strategies have been based on knowing companies in depth. We have unsurpassed access to company management and conduct more than 3,000 company meetings every year. This book review looks at our approach to engaging with companies to gain the investment insight needed to safeguard our assets for the long term.
We have published expectations of how companies in our portfolio should address global challenges in their operations since 2008. These expectations largely coincide with the UN Sustainable Development Goals.
Our voting guidelines provide a principled basis for our voting decisions. We also publish position papers which set out our views on specific topics and serve as a starting point for discussion with companies and standard setters. With some issues that we consider particularly important, we may publish our voting intentions ahead of a company’s shareholder meeting.
Our analyses are informed by our research and experience as a large, long-term investment manager. The Discussion Note series provides a basis for our investment strategy and advice to the fund’s owner. The Asset Manager Perspective series presents our views on topics relevant to the financial sector. The perspectives are not intended to be definitive but to provide useful input for all market participants.
Our mission is to safeguard and build financial wealth for future generations of Norway. Our goal is to be the best global investment fund in the world.