News story | Date: 18/12/2009
The Ministry of Finance has made public reports that have been received in connection with the work of evaluating active management of the Government Pension Fund Global.
The Ministry of Finance has previously outlined a broad process for evaluating active management of the Government Pension Fund Global. The Ministry wants to maintain an open process, and has made public the following reports that have been received in connection with the work of evaluating active management:
- A report prepared by three internationally acknowledged experts. This report contains assessments of research-based results concerning the basis for active management, evaluation of active management of the Government Pension Fund - Global since 1998 and a review of the Fund’s comparative advantages and capabilities in active management.
- Two reports from Mercer that have studied how other funds make use of active management and looked at the connection between active management and exercise of ownership.
- Letter from Norges Bank (the central bank) about active management of the Fund.
Based i.a. on these reports, the Ministry will present an assessment of active management in the annual report to the Storting on the management of the Government Pension Fund in spring 2010.
The reports will be presented and discussed at a seminar about the Government Pension Fund organised by the Ministry of Finance on 20 January 2010.
Contact persons at Mercer:
|Contact person for professors Andrew Ang, William Goetzmann and |
+1 212 854 9154
Published 18 December 2009 - updated 23 December 2009