The Government Pension Fund Global should be managed by a separate statutory entity
(WorldNews Norway)

The Commission on the Act relating to Norges Bank and the Monetary System recommends that the Government Pension Fund Global (GPFG) be managed by a separate statutory entity demerged from Norges Bank. The Commission today submitted its report to the Minister of Finance, Siv Jensen. `Both central banking and investment management place greater demands on the board, senior management and the organisation than earlier. Moreover, the activities differ in nature, and the scope of the tasks involved is substantial. With two separate entities, the professional competence and the governing bodies can more easily be tailored to the task at...