PT  - JOURNAL ARTICLE
AU  - David Chambers
AU  - Elroy Dimson
AU  - Antti Ilmanen
TI  - The Norway Model
AID  - 10.3905/jpm.2012.38.2.067
DP  - 2012 Jan 31
TA  - The Journal of Portfolio Management
PG  - 67--81
VI  - 38
IP  - 2
4099  - https://pm-research.com/content/38/2/67.short
4100  - https://pm-research.com/content/38/2/67.full
AB  - 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.TOPICS: Pension funds, global, equity portfolio management