Article | Last updated: 2014-04-09
The Ministry of Finance arranged a seminar on January 20, 2010, to discuss the future role of active management of the Government Pension Fund Global (Statens pensjonsfond utland).
The ministry has asked the consulting firm Mercer Ltd. and an international group consisting of Professors Andrew Ang (Columbia Business School), Stephen Schaefer (London Business School) and William N. Goetzmann (Yale School of Management) to prepare reports on the use of active management of the Government Pension Fund Global.
Welcome speech by the minister of finance, Mr. Sigbjørn Johnsen
Session 1: Evaluation of active management of the Government Pension Fund Global
Presentation of the Ang/Schaefer/Goetzmann report, Evaluation of active management in the Government Pension Fund Global
Presented by the authors:
Andrew Ang, Columbia Business School
Stephen Schaefer, London Business School
William Goetzmann, Yale School of Management
Session 2: Active management in large, long term funds
A presentation of Mercer’s reports to the Ministry of Finance on active management
Divyesh Hindocha, Partner, Mercer
Emma Hunt, Principal, Mercer
A presentation of Norges Bank’s views on active management of the Government Pension Fund Global by Mr. Yngve Slyngstad, CEO, Norges Bank Investment Management
Concluding remarks was by Martin Skancke, Director General, Asset Management Department, Ministry of Finance.