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Sovereign Wealth Funds Briefing - Categorized | People

Norway Global Fund overseer resigns

Posted on 26 August 2011

Martin SkanckeThe Ministry of Finance has confirmed that Martin Skancke has resigned his position as head of the department overseeing the Government Pension Fund Global. The sovereign wealth fund has an estimated $600bn in assets, managed by Norges Bank Investment Management.
NBIM is answerable to the Norwegian Parliament through the country’s Ministry of Finance, where Skancke headed the relevant department. In addition to overseeing the fund, the Ministry also takes an active role in determining investment strategy……………………………………….Full Article: Source


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