Norway

NORWAY - The Government Pension Fund-Global is re-evaluating its risk processes to include credit and liquidity risk after losses in the fund's fixed income portfolio.

NORWAY - The Government Pension Fund-Norway, also known as the Oil Fund, increased its allocation to Russian equities when many investors were moving the other way.

NORWAY - The ministry of finance has decided to place Siemens under observation following allegations of corruption.

NORWAY - The Government Pension Fund - Global, also known as the Oil Fund, said its end of year results for 2008 were the worst in its history, with a total loss of -23.3%.

NORWAY - Norway's domestically invested pension fund lost over 25% during 2008 in what it termed an "historically turbulent and challenging year".

NORWAY - The NOK6.1bn (GBP594m) Telenor Pensjonskasse has abandoned all its fund of hedge funds (FoHF) investments worth around NOK122m (GBP12m) and invested in a new energy hedge fund instead.

NORWAY - Norges Bank Investment Management (NBIM) has filed a lawsuit in the US to try to block a vote next week on the takeover of Constellation Energy Group.

NORWAY - Norway's global pension fund has posted its worst results in the fund's history, its operator Norges Bank Investment Management (NBIM) has revealed.

NORWAY - The NOK202bn (US$28.79bn) Kommunal Landspensjonskasse (KLP), one of Norway's largest life insurance companies, has increased its loans portfolio by around NOK5bn will issue more loans to municipalities in the future, MandateWire reports.

NORWAY - The NOK38bn (US$5.4bn) Oslo Pensjonforsikring has employed new tactics in order to reduce risk in its investment portfolio, according to MandateWire.