Playlist: VOD:xnas

Show less
Lambert: Why I am selling Vodafone
Clive Lambert - FuturesTechs
11 September 2015 at 6:22 GMT
Just what are Vodafone, Blackberry and Sainsbury's up to?
Angus Walker
13 November 2014 at 10:58 GMT
Telecom stocks yielding returns for investors
Lea Jakobiak
09 October 2014 at 9:33 GMT
Norway's USD 870 Billion oil fund shows who's boss
Alex Forrest Whiting
11 August 2014 at 11:02 GMT
Why Vodafone's not looking pretty
Peter Garnry
12 November 2013 at 10:27 GMT
Vodafone's Clear Signal
Lea Jakobiak
24 June 2013 at 15:25 GMT
Video / 11 August 2014 at 11:02 GMT

Norway's USD 870 Billion oil fund shows who's boss

Alex Forrest Whiting
Norway's oil fund must be making company boards feel just a little bit more nervous. From next year the world’s largest sovereign wealth fund is planning to publish how it will vote at annual meetings. It says the move will increase transparency and strengthen the vote execution chain. Excessive fat cat pay packets are already in its sights. It comes as Norway reports July CPI at +0.6 percent - much better than economists predicted.
So what do we know about the Oil Fund? Here are five facts:
1) Officially called the Government Pension Fund Global, it’s worth around a staggering USD 870 billion and is expected to be worth more than USD 1.1 trillion by 2020.
2) The Fund was officially set up in 1990 and is managed by Norges Bank Investment Management part of Norway’s Central Bank.
3) It invests in 8,000 companies across 82 countries – 60 percent in equities, 35 percent in fixed income and 5 percent in real estate.
4) Its largest equity investments are in: Nestle, Royal Dutch Shell, Novartis, HSBC Holdings and Vodafone.
5) The Oil fund has strong ethical guidelines and won’t invest in numerous companies including British American Tobacco, Wal-Mart for alleged human rights violations and Rio Tinto due to fears of environmental damage.


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail