Top academic warns Scot Gov against using forward oil prices to calculate proposed £20bn investment fund
A leading petroeconomist has cautioned the Scottish Government against relying on forward oil prices when forecasting its future spend.
Norway sovereign wealth fund
Norway’s wealth fund posts biggest half-year loss on record
Norway’s $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia’s invasion of Ukraine spurred volatility.
Norway’s biggest wealth fund sees plans to dump oil money ‘diluted’
After revealing it wants to dump all oil stocks in a market-shattering bang in 2017, Norway’s $1.1 trillion wealth fund’s actual divestment could now be so small it hardly matters.
Decision day on $1trillion fund’s exit from oil moves closer
Norway is moving closer to deciding whether its $1 trillion wealth fund will dump all its oil and gas stocks.
North Sea wealth fund would be worth “over £500billion today”, says think tank
A North Sea wealth fund for the UK would be worth over £500billion today had it been established in the 1980s, according to a think tank.
Norway sovereign wealth fund dismisses nine companies for ethical reasons
Norges Bank announced today that it has taken the decision to exclude nine companies from the $1.07 trillion Government Pension Fund, also putting one firm “under observation”.
Norway’s sovereign wealth fund exceeds a trillion dollars
Norway’s sovereign wealth fund, the world’s largest of its kind, has hit a milestone value of one trillion US dollars, beating all expectations since its creation over 20 years ago.