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  • NFI Starts PhD Scholarship Programme

    The Norwegian Finance Initiative (NFI) today introduced a doctorate scholarship programme as part of its efforts to promote financial economic research and education in areas relevant to the long-term management of the Government Pension Fund Global.

  • Annual report 2000

    The return on the Government Petroleum Fund in 2000 was weaker than in previous years. This was primarily due to a marked decline in international equity markets. At the same time, there was an unusually high yield on government bonds, and overall

  • Responsible investment 2017

    Our mission is to safeguard and build financial wealth for future generations. We manage the fund responsibly in order to support the investment objective of the highest possible return with a moderate level of risk. We believe that long-term return

  • NBIM Investment Talent Programme

    The new NBIM Investment Talent Programme (ITP) seeks to attract highly educated and skilled candidates directly from university. “Just as we have a long-term perspective on our investments, we also invest long term in our employees,” says Yngve

  • Stocktaking exercise on the OECD Guidelines for Multinational Enterprises

    Letter to Organisation for Economic Co-operation and Development - Secretariat, 13 September 2021.

  • Final figures for the first quarter

    In the first quarter of 2020, the Government Pension Fund Global returned -14,6 percent, equivalent to -1,350 billion kroner, according to final figures.

  • Consultation on the review of the ICGN Global Governance Principles

    Letter to the International Corporate Governance Network, 15 September 2020

  • Negative return in a volatile market

    In the first quarter of 2020, the Government Pension Fund Global returned -14.6 percent, equivalent to -1,171 billion kroner.

  • Corporate governance

    In this discussion note, NBIM’s expectations on corporate governance are presented. Expectations directed at boards are discussed, as is the rationale for focusing on board ccountability and equal treatment of shareholders. In the discussion, the

  • Solid returns in a turbulent year

    The fund returned 13.4 percent in 2012, the second-best result in its history, in a year marked by continued market turmoil and slow global economic growth. The total return since the fund’s inception passed a trillion kroner in November.

  • Emerging equity markets and the Petroleum Fund's benchmark portfolio

    Norges Bank submitted the following letter to the Ministry of Finance on 30 August 2000

  • EU Technical Expert Group’s report on climate-related disclosures

    Letter to the European Commission Technical Expert Group on Sustainable Finance, 1 February 2019

  • Largest ever quarterly increase for Government Pension Fund - Global

    The value of the Government Pension Fund - Global increased by NOK 207 billion in the third quarter, to NOK 1 712 billion. The Fund is now the largest pension fund in Europe. The increase in value in the third quarter is the largest quarterly

  • 3Q 2004 Quarterly report

    In the third quarter of 2004, the return on the Government Petroleum Fund, including the Environmental Fund, was 1.42 per cent measured in terms of the currency basket that corresponds to the composition of the Fund’s benchmark portfolio. The

  • 2Q 2003 Quarterly report

    The return on the Government Petroleum Fund in the second quarter of 2003 was 7.74 per cent measured in terms of the currency basket that corresponds to the composition of the Fund’s benchmark portfolio. The overall return in the first half of 2003