Big enough to take on shorters6 Dec 2021 20:58
Norges Bank Investment Management manages the Norwegian Government Pension Fund Global, often referred to as the Norwegian oil fund. We manage assets worth more than 12,000 billion kroner, or about 1,4 trillion dollars. The fund is invested in international equity and fixed-income markets and in real estate and renewable energy infrastructure.
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.