Hedge Fund Targets 200% Return In Market 'Rich' With Opportunities
A hedge fund in Oslo focusing on energy stocks says it can hardly get any better than right now. The fund has loaded up on both long and short bets in a market with “very big mispricings,” Harald James-Otterhaug, chief executive officer at Oslo Asset Management, said.
Norway's $1T Fund Is Still Buying Stocks
The world's biggest pension fund will keep piling into stocks despite worries that markets are getting much less predictable after a nine-year bull run.
World's Biggest Wealth Fund Eyes Long Game In Japanese Property
The property-investment arm of Norway’s $1 trillion sovereign wealth fund is keen to buy more real estate in Japan after making its first investment in the country last year. Norges Bank Real Estate Management has the capacity to complete “a couple of” $912 million deals in Japan each year “if the right opportunities come along,” Chief Executive Officer Karsten Kallevig said in an interview.
Norway Pension Fund Balances ESG With Returns
As a major oil-producing country whose economic future depends on how it invests revenues from its most valuable natural resource, Norway has managed to strike a balance between meeting high standards of environmental, social, and governance (ESG) objectives and a steady investment return.
Dear Norwegian SWF, Invest In Renewables: Study
The Institute for Energy Economics and Financial Analysis offers advice to the Norway's sovereign wealth fund. Specifically, it makes the case that much (35% or $25 billion) of the money to be reallocated into equities under this plan should go to the purchase of equities in the renewable energy space.
Norway Could Get Economic Lift From Northern Oil Field
Norwegian energy company Statoil said Monday it expected some economic spillovers would come from support centers for its Johan Castberg field.
Norway SWF Should Be Spun Off From Central Bank, Commission Says
<p>Norway’s NOK8.1trn (€855bn) oil fund should be managed separately from the country’s central bank now that it has grown so big, a government commission has proposed.</p>
<p>The Ministry of Finance announced last week that a commission set up to review Norges Bank and the Norwegian monetary system had recommended that the oil fund be managed by a separate statutory entity.</p>
Norway Could Get Economic Lift From Northern Oil Field
Norwegian energy company Statoil said Monday it expected some economic spillovers would come from support centers for its Johan Castberg field.
Norway Wealth Fund Drops BHEL From Its Portfolio Over Environmental Concerns
Norway wealth fund has dropped BHEL from its investment portfolio on environmental concerns arising from its coal-fired thermal power plant in the Sundarbans.
Norway Wealth Fund Has Not Found Attractive Property Investments In Tokyo, Singapore
Norway's $935 billion sovereign wealth fund, the world's largest, has not found suitable real estate projects in Tokyo and Singapore, despite long-standing plans to invest in the two Asian capitals, the fund's chief executive said on Tuesday.