Norwegian governor discusses fund risk rebalancing


Øystein Olsen, governor of the Norges Bank, gave a speech today (June 20) in which he considered the need for the Norwegian government pension fund to rebalance its risk.

Making the closing remarks at the Norwegian Finance Initiative conference in Oslo, Olsen explained that the bank had decided to increase the share of its fund devoted to equities to 60%. This implied "taking on more risk just when risk is already perceived to be high", he said.

Olson argued that the fund was right to rebalance

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

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 here: