The Norway Model
介绍挪威政府养老金全球基金(GPFG)的专业、低成本、透明且负责任的管理模式,评估其策略与长期业绩,并对比耶鲁模式,为投资者提供借鉴。
Norway’s Government Pension Fund Global (GPFG) was recently ranked the largest fund on the planet. It is also highly rated for its professional, low-cost, transparent, and socially responsible approach to asset management. Investment professionals increasingly refer to Norway as being a model for managing financial assets. Chambers, Dimson, and Ilmanen present and evaluate the strategies followed by the GPFG, review its long-term performance, and describe how it responded to the financial crisis. They conclude the article with some lessons that investors can draw from Norway’s approach to asset management, contrasting the Norway model with the Yale model of pension fund management. <b>TOPICS:</b>Pension funds, global, equity portfolio management