regulators in some markets to address these challenges, but there is little international co-ordination. We have gathered data from 66 markets to analyse the shareholder

“The second quarter featured considerable volatility in both equity markets and parts of fixed income markets,” says Yngve Slyngstad, Executive Director of Norges Bank Investment Management, NBIM. “The crisis in the financial system continued, with

International equity markets declined in the second quarter, particularly in Japan and emerging markets. The return on the international equity portfolios managed by Norges Bank was negative 3.3 per cent. Higher international interest rates resulted

Our people are the beating heart of our organisation and our most important asset. Without them, we are nothing.

In 2016, Norges Bank Real Estate Management invested 19.1 billion kroner in unlisted real estate, mainly in the second half of the year.

When we buy shares in a company, we gain the right to vote at the company’s shareholder meetings. This means that we have a say in director elections and important decisions that affect our investments.

Every single Norwegian has a stake in the fund, which makes transparency essential in everything we do.