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Norway wealth fund backs Barclays climate goals amid investor pressure

Norway's sovereign wealth fund will vote in favour of a resolution committing Barclays to tackling climate change at the bank's annual general meeting on May 7, instead of a separate shareholder one, the fund said on Friday......»»

Category: topSource: reutersMay 1st, 2020

Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Norway's sovereign wealth fund, the world's largest, named a London-based hedge fund manager as its new chief executive on Thursday and said it had lost $124 billion this year as stock markets tanked due to the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

Norway names Nicolai Tangen as new head of sovereign wealth fund

The new chief executive for Norway's $930 billion sovereign wealth fund is Nicolai Tangen, until now chief executive of investment firm AKO Capital, which he established in 2005......»»

Category: topSource: reutersMar 26th, 2020

Norway"s sovereign fund loses $124 billion as markets crash

Norway's sovereign wealth fund, the world's largest, has lost 1.33 trillion Norwegian crowns ($124 billion) so far this year as stock markets have plunged due to the coronavirus pandemic, it said on Thursday......»»

Category: topSource: reutersMar 26th, 2020

Eight men in frame to run Norway wealth fund, including deputy CEO

Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition......»»

Category: topSource: reutersFeb 25th, 2020

Norway"s Sovereign Wealth Fund Acquires London Logistics Property

The partnership between Norges Bank Investment Management (NBIM) and Prologis, Inc. has acquired a logistics property in the London suburb of Greenford. The acquisition, completed in August, was announced in late October. read more.....»»

Category: blogSource: benzingaOct 24th, 2019

Norway Unexpectedly Pulls $400 Million From Sovereign Wealth Fund

Norway Unexpectedly Pulls $400 Million From Sovereig.....»»

Category: blogSource: zerohedgeOct 2nd, 2019

Norway"s Sovereign Wealth Fund Could Be Moving Billions Into US Markets

As we slowly, steadily and inevitably creep one step closer to global .....»»

Category: blogSource: zerohedgeAug 29th, 2019

Norway wealth fund should move more investment to North America, central bank says

Norway's $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets to seek higher returns, the fund's manager recommended on Tuesday......»»

Category: topSource: reutersAug 27th, 2019

Norway wealth fund should move more investments to North America, central bank says

Norway's $1 trillion sovereign wealth fund, the world's largest, should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»

Category: topSource: reutersAug 27th, 2019

Norway wealth fund should move more investments from Europe to North America: central bank

Norway's $1 trillion sovereign wealth fund, the world's largest, should reduce its exposure to European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»

Category: topSource: reutersAug 27th, 2019

Norway mulls alternatives to sluggish Europe for $1 trillion fund

Norway's $1-trillion-plus sovereign wealth fund, the world's largest, may seek to shift the balance of its investments between Europe, the Americas and Asia, a senior official said on Wednesday......»»

Category: topSource: reutersAug 21st, 2019

Norwegian wealth fund buoyed by U.S. tech giants

Norway's $1.1 trillion sovereign wealth fund, the world's largest, benefited from a strong finish to the second quarter to post a 3% return on investment, buoyed by U.S. tech giants Microsoft and Facebook......»»

Category: topSource: reutersAug 21st, 2019

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules......»»

Category: topSource: reutersJun 12th, 2019

Norwegian Sovereign Wealth Fund Made $84 Billion Last Quarter After Going All-In On Stocks

When everybody was bailing out of stocks late last year, the managers of Norway's $1 trillion sovereign wealth saw an opportunity to buy, buy, buy. And the bet has paid off - bigly. Bloomberg reports that Norway’s $1 trillion wealth fund was up 9......»»

Category: blogSource: zerohedgeMay 4th, 2019

Norway"s $1 Trillion Sovereign Wealth Fund Is Dumping EM Bonds And Buying Stocks

Norway's $1 trillion sovereign wealth fund has already established itself as one of the world's preeminent marginal buyers of equities (.....»»

Category: blogSource: zerohedgeApr 6th, 2019

Norway"s Wealth Fund to Dump Oil Producers: Should You Too?

Norway's $1 trillion sovereign .....»»

Category: dealsSource: nytMar 11th, 2019

Oil helped Norway build a $1T fund. Now it"s dumping oil stocks

Norway's huge sovereign wealth fund is dumping oil and gas stocks......»»

Category: topSource: moneycentralMar 10th, 2019

Oil helped Norway build a $1T fund. Now it"s dumping oil stocks

Norway's huge sovereign wealth fund is dumping oil and gas stocks......»»

Category: topSource: moneycentralMar 10th, 2019

Norway"s $1 Trillion Sovereign Wealth Fund Is Dumping Oil Stocks

The $1 t.....»»

Category: blogSource: zerohedgeMar 9th, 2019