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  • Positive return in third quarter despite turmoil in financial markets

    There was a positive overall return on the Government Pension Fund – Global of 1.15 per cent in the third quarter.  There was turmoil in financial markets in July and August. Equity prices fell, but this was more than offset by rising bond

  • 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.

  • 2Q 2007 Quarterly report

    The return on the Government Pension Fund – Global was 2.2 per cent in the second quarter. The advance in international equity markets contributed to the return, particularly in Europe, the US and emerging markets

  • Geopolitical risk and concentration risk in the equity index of the Government Pension Fund Global

    Letter sent to the Ministry of Finance, 1 September 2026. Translated to English from the original Norwegian submission for information only.

  • 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

  • Bank of America CEO: Economic Insights, Regulation, and Consumer Trends

    What does it take to steer one of the world's largest banks through unprecedented change? Nicolai Tangen speaks with Brian Moynihan, the CEO of Bank of America, to explore the global economy and what lies ahead.

  • 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

  • Stocktaking exercise on the OECD Guidelines for Multinational Enterprises

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

  • 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

  • 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.

  • Consultation on the review of the ICGN Global Governance Principles

    Letter to the International Corporate Governance Network, 15 September 2020

  • FCA Consultation Paper on ESG ratings regulation

    Letter to the UK Financial Conduct Authority, 10 March 2026

  • 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

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

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

  • A good first quarter for the fund

    The Norwegian Government Pension Fund Global returned 3.9 percent (103 billion kroner) in the first quarter of 2010, helped by gains in global equity and fixed-income markets. The result was 0.4 percentage point higher than the return on the fund’s