Norges Bank Publishes Letters of Advice on Investment Strategy

Norges Bank today published three letters to the Norwegian Ministry of Finance advising on the investment strategy of the Government Pension Fund Global. The letters were sent to the ministry earlier this year and cover rebalancing, the fund’s strategic benchmark index for equities and emerging markets in a new strategic benchmark index for bonds. Their release follows the publication today of the ministry’s white paper on the management of the Government Pension Fund in 2011.   Read the letters and discussion notes.