At the moment, The Norwegian Government Pension Fund Global owns equity from 25 Philippine companies, valued at USD 221 million. Among the companies that the Norwegian state has chosen to invest in are Ayala, Bank of the Philippine Islands, Jollibee Foods and Petron.
To see the complete list of Philippine companies and the value of the shares, click here.
The Norwegian Pension Fund was set up in 1990 as a fiscal policy tool to support long-term management of Norway’s petroleum revenue. Norges Bank Investment Management (NBIM) manages the fund on behalf of the Ministry of Finance, which owns the fund on behalf of the Norwegian people.
The market value of the Pension Fund is updated every second, 24 hours a day, and published at the homepage of NBIM.
Did you know that the fund is managed in accordance with ethical guidelines? Read more about the ethical investments here.