{"id":338,"date":"2013-10-15T07:00:43","date_gmt":"2013-10-15T07:00:43","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=338"},"modified":"2013-10-15T07:00:43","modified_gmt":"2013-10-15T07:00:43","slug":"the-norwegian-sovereign-wealth-fund","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=338","title":{"rendered":"The Norwegian Sovereign Wealth Fund"},"content":{"rendered":"<p>The Government Pension Fund of Norway is also known as The Norwegian Sovereign Wealth Fund.<\/p>\n<p>With <strong>$760bn<\/strong> = <strong>\u00a3477bn<\/strong> in the fund, it is one of the world\u2019s largest sovereign wealth.<br \/>\nit is projected <strong>by 2020<\/strong>, the fund could be over <strong>\u00a3600bn<\/strong><\/p>\n<p><strong>This fund is so large, 2.5% of every listed European company and is often in a group\u2019s top 20 shareholders<\/strong>, also incredibly the <strong>fund holds on average 1.25% of the world&#8217;s shares<\/strong>, that is why when looks at the annual report of large listed companies, one sees this name:<\/p>\n<p><strong>Norges Bank Investment Management (NBIM). This is the investment arm of The Norwegian Central Bank<\/strong>.<\/p>\n<p>It holds:<\/p>\n<p><strong>Equities = 63.4% of the fund<\/strong><br \/>\n<strong>Bonds = 35.7% of the fund<\/strong><\/p>\n<p>The <strong>UK&#8217;s Tony Watson<\/strong> sits on the corporate governance advisory board to the fund. A famous name who was the former <strong>CEO of Hermes Investment Management<\/strong>, the fund manager of the <strong>UK&#8217;s largest pension fund, the BT Pension Fund<\/strong>.<\/p>\n<p>Amazing to think a fund started in <strong>1996<\/strong>, has become this large, what is true, is acorns become oak trees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government Pension Fund of Norway is also known as The Norwegian Sovereign Wealth Fund. With $760bn = \u00a3477bn in the fund, it is one of the world\u2019s largest sovereign wealth. it is projected by 2020, the fund could be over \u00a3600bn This fund is so large, 2.5% of every listed European company and is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-338","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=338"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/338\/revisions"}],"predecessor-version":[{"id":339,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/338\/revisions\/339"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}