Latest Norway News – Page 7
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Norway’s SWF slates Swedish code for letting CEOs sit on boards
Domestic and Nordic part of GPF says executive remuneration proved most contentious issue in this year’s AGM season
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AP3 finds Hessius replacement in SPP chief Staffan Hansén
Hansén to take up CEO job at Swedish national pensions buffer fund by 1 December
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NewsNBIM appoints two equities CIOs to replace Petter Johnsen
Sovereign wealth fund manager picks Daniel Balthasar and Pedro Furtado Reis for top equities roles
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KLP says rising rates will lead to higher revenues after 0.75% Q1 loss
Introduction of a common buffer fund helped to strengthen KLP’s capital adequacy, says CEO of Norwegian municipal pensions giant
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NewsNorway scales back SWF spend as local economy blooms
Presenting revised 2022 budget, finance minister says petroleum revenue spending must shrink to avoid overheating economy
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Norway’s SWF submits plan to divest zero-value Russian assets ‘over time’
NBIM proposes adjustments to GPFG’s mandate to reflect the removal of Russia from fund’s investment universe – but does not disclose details
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NewsNBIM criticises OECD’s draft climate risk tool for its divestment focus
SWF manager says dual objective of RBC and shift of capital in green direction creates confusion
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NBIM divests Chinese sportswear firm due to Xinjiang human rights risks
Norwegian sovereign wealth fund also puts Bombardier, Adani Ports and Hyundai Glovis on ethical watch list
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Norway SWF’s NOK27bn Russia assets lose 90% of value, may become worthless
GPFG nurses 6.1% loss so far this year, as NBIM leadership emphasises uncertain outlook in news conference
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NewsNBIM says company reporting should comply with spirit of law – not just letter
Manager of the NOK11trn GPFG responds to EU’s corporate reporting consultation
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Nordics roundup: OPF turns in 10.2% gain and plans to boost buffers
Plus: KPA and parent Folksam report pension returns of 13.7% and 13.0%
