Norway's Government Bond Fund practically untouched: "The fund's activity has been low"

Only NOK 8.8bn (EUR 850m) of the NOK 50bn (EUR 4.8bn) Norwegian Government Bond Fund is invested in domestic operations, while the remainder is parked in an account at the country's central bank.

Photo: Jens Dresling

"The Government Bond Fund's activity level has been very low so far in 2021 because the market for credit is functioning well, providing capital access from other investors," says Chief Executive Kjetil Houg of Folketrygdfondet – which manages the Government Pension Fund Norway (SPN), the smaller of the country's two sovereign wealth funds – in Folketrygdfondet's second-quarter interim report.

The Government Bond Fund was established on March 27, 2020, as a means to ease liquidity access for large companies as well as to provide both liquidity and capital access to the fixed income market, the fund writes in the quarterly statement.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Watchdog pulls plug on scandal-plagued firm with distribution ties to fund managers

Financial house Nord Fondkommission has had its plug pulled by the Swedish FSA after a long investigation into its advisory services. The decision also has ramifications for all of the firm's affiliated agents, including one of Sweden's biggest robo-advisors. Nord is also a distributing partner of some of the country's best known fund managers.

Schroders' flagship survey draws counterintuitive conclusions

Sustainable funds are all Swedish investors want to talk about, but a Schroders Global Investor Study of investors in 33 countries places them last when it comes to positive attitudes about only investing in sustainable funds. "This is indeed counterintuitive," says Henrik Jonsson, the manager's head of Nordics.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch