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How Norway’s $1tr wealth fund selects managers

Norges Bank Investment Management has strong convictions on manager selection – and on Asia. In the first of a two-part series, AsianInvestor speaks to head of external strategies Erik Hilde.
How Norway’s $1tr wealth fund selects managers

The man who oversees external investment at Norway’s $1 trillion sovereign wealth fund is getting very itchy feet thanks to the Covid-19 lockdown. For an institutional investor that is extremely ‘high-touch’ with its asset managers, four months (and counting) feels like an age for on-site visits to be off-limits.

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