Norges Bank organisational changes geared towards better investment
Sovereign wealth fund achieved returns of 2.7% in 2015
Norges Bank's senior management underwent substantial restructuring in 2015, with most of the changes aimed at improving the governance of Norway's sovereign wealth fund (SWF), according to the central bank's annual report, published today (March 9).
Last year, Norges Bank gained a new deputy governor, whose role will include investment management, while Norges Bank Investment Management (NBIM), which runs the SWF, appointed a chief executive to oversee the growth of its property portfolio.
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