Recommendation on investments in real estate and infrastructure by the Government Pension Fund – Global

Based on the mandate from the Ministry of Finance, the Board of Norges Bank should decide on investment strategy, develop the responsible investment principles, and decide

In this letter, Norges Bank provides advice on the strategic benchmark index and regional weights for the Government Pension Fund Global’s equity investments.. The letter builds on

In 2016, it was 20 years since the Ministry of Finance made the first capital transfer to the Government Petroleum Fund, as the Government Pension Fund Global (GPFG) was aptly

External equity managers have contributed with a net excess return of NOK 60 billion.. As Øystein mentioned, the Ministry has proposed changes in the composition of the

An example is the Singapore Government Investment Corporation (GIC), where the country’s finance ministry also formulates a mandate with a benchmark portfolio and investment

Notice that the expected return on small cap and private equity investments have been assumed equal to large and mid cap equity, and that the expected return on real estate has

Expected nominal rate of return on German 5-year government bonds 5 years ahead and equity instruments..

For the twelve months to 31 December 2010, the Total Fund return for the Norwegian Government Pension Fund - Global was 9.62% in currency basket terms as calculated by BNY MAS,