The aim of the fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources so that this wealth benefits both current and future generations of Norway. Our objective as manager of the fund is to generate the highest possible return on the fund. We aim to achieve this in a safe, efficient, responsible and transparent manner, and within government guidelines.

Global presence

The fund is the largest single owner in the world’s stock markets, owning almost 1.5 percent of all shares in the world’s listed companies. This means that we have holdings in almost 9,000 companies worldwide. The fund also receives a steady flow of income from lending to countries and companies. In addition, the fund owns hundreds of buildings in some of the world’s leading cities and have invested in renewable energy infrastructure since 2021.

We are about 700 people from 40 countries with offices in Oslo, London, New York and Singapore. Our global presence brings us closer to the markets we invest in and ensures us stronger links with partners in different parts of the world.

We are responsible for the operational management of the fund, and our objective is to achieve the highest possible return.

The leader group

The main responsibility for the leader group of Norges Bank Investment Management is to deliver good return for the Norwegian people in a responsible way. The leader group consists of the CEO, Chief of Staff/Deputy CEO in addition to three Chiefs responsible for the fund’s investment strategies. It also consists of Chiefs responsible for risk, governance and compliance, human resources, communications and external relations and a Chief Technology and Operating Officer.

Strategy 25

We manage the fund on behalf of the Norwegian people. Responsible and long-term management ensures that the fund will benefit both current and future generations. We use a range of investment strategies to manage the fund in a risk-controlled manner, aligned with our mandate. We will exploit our characteristics as a large and long-term investor to achieve the highest possible return in a responsible way.

Our people and values

We manage one of the world’s largest funds, but remains a small, flexible and cost-effective organisation. We operate globally, yet we know our colleagues well.

Excellence: we always strive to deliver

We are committed to a high degree of professionalism. Our investment philosophy based on diversification and specialisation leads us to use various investment styles and strategies in a focused and consistent manner.

Integrity: we do the right thing

As individuals, we stand for honesty, integrity and loyalty. We have a culture characterised by openness, tolerance and accountability. We're not afraid to acknowledge our mistakes and learn from them.

Innovation: we encourage new ideas

In order to succeed, we are willing to take risks, and we have corporate culture that embraces change. We encourage different approaches and views. Creativity and flexibility are vital for developing new investment opportunities and adapting to changing market environments.

Team spirit: we work together as one team

As colleagues, we respect and support each other. We believe that co-operation and interaction create a strong organisation. We never underestimate the value of enthusiasm and a good sense of humour.