External reports and letters about the Government Pension Fund
Article | Last updated: 18/02/2025 | Ministry of Finance
- Review of the management of the Government Pension Fund Global - letter from Norges Bank to the Ministry of Finance (01.12.2021)
- Government Pension Fund Global - benchmark index for equities - letter from Norges Bank to the Ministry of Finance (01.02.2021)
- Government Pension Fund Global – benchmark index for equities - letter from Norges Bank to the Ministry of Finance (31.01.2021)
- Follow-up of recommendations on observation and exclusion of companies from the Government Pension Fund Global - letter from Norges Bank to the Ministry of Finance (30.01.2021)
- GPFG CEM Benchmarking report for 2019
- GPFN CEM Benchmarking report for 2019
- Management of the Government Pension Fund Global (GPFG) in the light of the coronavirus pandemic - letter from Norges Bank to the Ministry of Finance (21.12.2020)
- The benchmark index for equities – emerging equity markets – letter from Norges Bank to the Ministry of Finance (27.08.2020)
- GPFG CEM Benchmarking report for 2018
- GPFN CEM Benchmarking report for 2018
- MSCI Report: Selected geographical issues in the global listed equity market (October 2019)
- The Report on Energy Stocks in the Government Pension Fund Global - letter to Norges Bank from The Ministry of Finance (28.06.2019)
- CEM Benchmarking report on the GPFG for 2017
- CEM Benchmarking report on the GPFN for 2017
- Report from McKinsey: The Market for Unlisted Renewable Energy Infrastructure (19.12.2018)
- Report from MSCI: GPFG real estate portfolio 2016
- Evaluating investments in unlisted equity for the norwegian government pension fund global (SPU) by Trond M. Døskeland and Per Strömberg (05.04.2018)
- A Review of Norges Bank’s Active Management of the Government Pension Fund Global by Magnus Dahlquist and Bernt Arne Ødegaard (05.01.2018)
- Report from IPCM: Responsible investments (05.01.2018)
- CEM Benchmarking report on the GPFG for 2016
- CEM Benchmarking report on the GPFN for 2016
- Advice from Norges Bank on the benchmark index for the Government Pension Fund Global (GPFG) (16.11.2017)
- Report from McKinsey: Benchmarking of GPFG management costs
- Report from McKinsey: Equity investments in unlisted companies
- Real estate portfolio report 2015
- CEM Benchmarking report on the GPFG for 2015
- CEM Benchmarking report on the GPFN for 2015
- Report from McKinsey: Unlisted Infrastructure Investments - External review of Political, Regulatory and Reputational Risks
- Independent performance measurement in 2015 (GPFG) - Report from Spaulding Group
- Report from MSCI on real estate management in GPFG: Real estate portfolio report 2015
- CEM Benchmarking report on the GPFG for 2014
- CEM Benchmarking report on the GPFN for 2014
- The framework for the management of the Government Pension Fund Global (letter from Norges Bank 8 dec)
- Government Pension Fund Global – Investments in infrastructure (letter from Norges Bank 8 dec)
- Government Pension Fund Global – Investments in real estate (letter from Norges Bank 8 dec)
- Report from MSCI on real estate management in GPFG: Real estate portfolio report 2014
- A review of real estate and infrastructure investments by the Norwegian Government Pension Fund Global (GPFG)
- Independent performance measurement in 2014 (GPFG) - Report from Spaulding Group
- CEM Benchmarking report on the GPFG for 2013
- CEM Benchmarking report on the GPFN for 2013
- Review of the Active Management of the Norwegian GPFG - Report from Andrew Ang, Michael W. Brandt og David F. Denison
- Calculating the real return of the Norwegian GPFG by alternative measures of the deflator - Report from Statistics Norway
- Independent performance measurement in 2013 (GPFG) - Report from Spaulding Group
- CEM Benchmarking report on the GPFG for 2012
- CEM Benchmarking report on the GPFN for 2012
- Real estate management in GPFG - Report from IPD
- Annual Performance Evaluation Report 2011 - Report from Mercer
- Climate Change Scenarios: Tailored Report GPFG - Report from Mercer
- Allocation to Emerging Markets in a Globally Diversified Portfolio - Report from Campbell R. Harvey
- Global Equity Allocation - Report from MSCI
- Annual Performance Evaluation Report GPFG 2010 - Report from Mercer
- CEM Benchmarking report on the GPFG for 2010
- CEM Benchmarking report on the GPFN for 2010
- CEM Benchmarking report on the GPFN for 2009
- CEM Benchmarking report on the GPFG for 2009
- Investment strategy for nominal bonds - Letter from Norges Bank (18.03.11)
- On fixed-income investments - Report from Norges Bank (18.03.11)
- Investment Strategy - Report from the Strategy Council (26.11.10)
- Purchasing Power Parity in Tradable Goods – Report from Lucio Sarno
- Active Management of the Norwegian GPFN - Report from Lars Qvigstad Sørensen and Zoltán Nagy, MSCI
- Fixed Income Review - Report from Stephen Schaefer & Jörg Behrens
- Potential for GPFG to achieve above average returns from investments in private equity - Report from Ludovic Phalippou
- Climate Change Scenarios: Implications for Strategic Asset Allocation - Report from Mercer
- Reports on active management of the GPFG
- Investment Policy for Real Estate - Report from Parteners Group
- Regional and currency distribution GPFG - Letter from the Stratey Council (27.08.09)
- Annual Report 2008 - Report from Mercer
- Composition of the Fixed Income Benchmark for the GPFG - Letter from the Strategy Council (20.03.09)
- CEM Benchmarking report on the GPFN for 2007
- CEM Benchmarking report on the GPFG for 2007
- Report from WM Performance Services for 2008 (GPFG)
- Composition of the Fixed Income Benchmark for the GPFG - Letter from Norges Bank (03.11.08)
- Long-horizon expected return and risk in financial markets - Letter from the Strategy Council (03.03.08)
- Risk Management Framework Assessment. GPFG - Report from Ernst & Young
- Emerging equity markets - Letter from the Strategy Council (28.02.08)
- Real Estate in the Investment Portfolio - Report from Hoesli and Lizieri to the Strategy Council
- Investments in real estate and infrastructure - Letter from the Strategy Council (18.06.07)
- Report from WM Performance Services (GPFG)
- Mercer's Investment Consulting annual report 2006
- Small-cap equities - Letter from the Strategy Council (20.02.07)