Norwegian SWF's CEO resigns, Q3 returns hit NOK236bn

On the 10.30.19 at 12:25PM


Tuba Raqshan

The Government Pension Fund Global (GPFG) recorded a return of NOK236bn (€23bn) in the third quarter of 2019, even as the sovereign wealth fund's chief executive officer Yngve Slyngstad announced his resignation.
Yngve Slyngstad, CEO, Norges Bank Investment Management (NBIM)

In Q3 2019, equity investments returned 1.3%, while fixed income investments brought 2.4% returns and unlisted real estate a further 1.6%.

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