The most important task for a SWF - anchoring the political backing for the long-term thinking, also in times of expected volatility. Future generations will be very pleased with this resolve and clear focus on the long-term. Well done, NBIM and Norwegian politicians.
Collectively, these three former Ministers of Finance ran the Norwegian economy for 20 years and in #Arendalsuka they discussed the fund 💡💼💰 A really exciting panel discussion with Sigbjørn Johnsen, the man behind the first deposit into the fund in 1996. Kristin Halvorsen, maybe the biggest advocate for ESG in the history of the fund, and put in place policies and guidelines on how to invest more sustainably. She also led the fund through the financial crisis in the late 2000s. Siv Jensen was in charge through seven years, where the value increased by 2 billion Norwegian kroner – every single day. Incredible! Watch the whole video from the link in the comments 👇 #oljefondet