The Norwegian government has appointed a commission to assess the management of the country's sovereign wealth fund. Norway is one of only three countries in Europe that have not yet privatised their state pension funds. The finance ministry holds the formal responsibility for the management of the fund, while the operational management is carried out by Norges Bank Investment Management (NBIM), a unit of the central bank. The commission will examine the fund's investment in equities, fixed income and real estate portfolios and report back to the Norwegian foreign ministry by January 2018, with its conclusions informing a government white paper in the spring.
The Norwegian government has appointed a commission to assess the management of the country's sovereign wealth fund. Norway is one of only three countries in Europe that have not yet privatised their state pension funds. The commission will examine the fund's investment in equities, fixed income and real estate portfolios and report back to the Norwegian foreign ministry by January 2018, with its conclusions informing a government white paper in the spring.