Norges Bank recommends higher equity share for oil fund

Fund needs to respond to new investment environment, central bank says

Offshore oil rig
Norway's North Sea oil revenues have fallen

Norges Bank recommended the ministry of finance approve a higher equity share for the country's sovereign wealth fund today (December 1), amid a changing investment environment.

Earlier in 2016, the government asked Norges Bank to study whether the relationship between expected risk and return for bonds and equities had changed since the last evaluation, in 2006.

Over the course of the year, the central bank's research concluded that returns have been suffering and will likely decline further as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.