Norway appoints new wealth fund supervisor at central bank [Reuters]
SWEDBANK AB S/ADR (SWDBY)
NASDAQ:AMEX Investor Relations:
swedbank.com/investor-relations
Company Research
Source: Reuters
OSLO (Reuters) -Norway has appointed Oeystein Boersum as deputy governor and executive board member of its central bank, with a dedicated mandate to supervise the world's largest sovereign wealth fund, the government said on Friday. Boersum, until now chief credit strategist at Swedbank in Oslo, was appointed to a six-year term. While day-to-day operation of the $1.3 trillion fund is run by Norges Bank Investment Management and its chief executive, Nicolai Tangen, the central bank's board sets its budgets and risk guidelines and manages relations with the finance ministry. The Norwegian wealth fund owns on average 1.4% of all globally listed equities, making it one of the world's largest stock market investors. It also owns fixed-income assets, unlisted real estate and renewable projects. He replaces Jon Nicolaisen, who stepped down in December. Reporting by Terje Solsvik, editing by Gwladys Fouche
Show less
Read more
Impact Snapshot
Event Time:
SWDBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SWDBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SWDBY alerts
High impacting SWEDBANK AB S/ADR news events
Weekly update
A roundup of the hottest topics
SWDBY
News
- Swedbank Sees Net Interest Income Drop in Line With Peers [BNN Bloomberg (Canada)]BNN Bloomberg
- Swedbank's Q1 profit rises more than expected helped by lower credit losses [Reuters]Reuters
- Norway CPI Slows More Than Forecast, Backing September Cut [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Norway CPI Slows More Than Forecast, Backing September Cut [BNN Bloomberg (Canada)]BNN Bloomberg
- The second €200 million multi-apartment buildings modernization fund launches [Yahoo! Finance]Yahoo! Finance