OSLO, Aug 14 (Reuters) - Norway’s finance ministry has appointed a commission to assess the management of the country’s $975-billion sovereign wealth fund, it said on Monday. The commission will assess the fund’s investments in equities, fixed income and real estate portfolios, and report back to the ministry by January 2018. Its conclusions will be part of a white paper due in spring 2018. 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 fund’s management is assessed every four years. Reporting by Nerijus Adomaitis, editing by Gwladys Fouche
The Norwegian government has appointed a commission to assess the management of the country 's sovereign wealth fund . The $ 975bn fund is managed by Norges Bank Investment Bank , a subsidiary of the country 's central bank , and is assessed every four years . The commission will examine the fund 's investments 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 .