Norway

NORWAY - The Norwegian government plans to spend NOK148.5bn (US$26.7bn) of the Government Pension Fund - Global's assets to help spur economic growth, the Ministry of Finance said as it unveiled its proposed 2010 budget yesterday.

NORWAY - Managers at the Norway Government Pension Fund -Global are flexing their corporate governance muscles and demanding that Volkswagen call off its planned acquisition of luxury car maker Porsche.

NORWAY - The Government Pension Fund - Global has excluded Israeli company Elbit Systems from its portfolio on the basis of ethical reasons.

NORWAY - Norges Bank Investment Management (NBIM), manager of the Government Pension Fund - Global, has reorganised its top ranks naming eight new executives, NBIM said today.

With Norway's biggest schemes having seen record losses in 2008, Helen Morrissey looks at what action Norwegian pension funds are taking

NORWAY- The Government Pension Fund - Global posted a loss of 4.8% for the first quarter of 2009.

NORWAY-The Ministry of Finance plans to spend an additional NOK9.5bn (US$1.5bn) in oil revenues as the global financial crisis continues to take a toll on the local economy, the Ministry said in its revised national budget on Friday.

NORWAY - The Government Pension Fund - Global (Oil Fund) has been buying a "considerable volume" of equities lately to take advantage of low valuations, Norges Bank deputy governor Jan Qvigstad has said.

NORWAY - The Government Pension Fund - Global, one of the largest pension funds in the world, has ruled out investing in high yield and emerging market bonds for the foreseeable future, a government reports indicates.

NORWAY - The US$329bn Government Pension Fund - Global has unveiled sweeping changes to its ethical investment policy, and will make more than US$3bn available for environmental investments.