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Morten Borge. Foto: Olav Heggø
08.05.23

Changes to the Board of Directors as of 16 May 2023

The Ministry of Finance has appointed Morten Borge as a new member of Folketrygdfondet’s Board of Directors. Siri Teigum has been reappointed as Chair and Tørres Trovik as board member, while Einar Westby and Trond Døskeland will leave the Board.
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Joakim Kvamvold
24.03.23

Excess return not due to coincidence

Folketrygdfondet has beaten the market by 1 percentage point annually since 2007. "Our report on risk-adjusted return shows that this is not due to coincidence," says financial analyst Joakim Kvamvold.
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28.10.22

A turbulent third quarter

The Government Pension Fund Norway, which Folketrygdfondet manages, recorded a loss of NOK 13 billion in the third quarter 2022. The return was minus 4.1 per cent, which was 0.1 percentage points lower than the market. The capital amounted to NOK 302 billion at the end of the quarter.
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