globalen

Norwegian Government Pension Fund

Interest in factor investing has increased substantially as a result of research in 2009 into the investment results realized by the Norwegian government oil fund.

The fund invests the revenue from oil and gas extraction for future generations. In 2009, it commissioned a study* into the investment performance of active management. The disappointing investment results realized in 2008 formed the underlying rationale for this.

* A. Ang, W.N. Goetzmann, S.M. Schaefer: 'Evaluation of Active Management of the Norwegian Government Pension Fund', 2009.

The conclusion from this study by Ang, Goetzmann and Schaefer was that the results of active management could be explained by exposure to factors.

Their recommendation was to allocate specifically to factors. Interest in factor investing increased further as a result of this study.

Quantitative investing
Quantitative investing

We’ve been leading the way in quant investing for over 25 years, turning research into practical solutions.

Read more
Solving the sustainable investment dilemma
Solving the sustainable investment dilemma
Combining quant and sustainable investing efficiently requires expertise.
25-05-2020 | Interview
Value ain’t dead
Value ain’t dead
Value stocks have underperformed growth stocks over the past decade.
20-05-2020 | From the field
Podcast: Some factors are more equal than others
Podcast: Some factors are more equal than others
Is Value broken?
14-05-2020 | Podcast
Logo

Disclaimer

Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.

Please confirm that you are a professional investor and/or institutional investor and that you have read, understood and accept the terms of use for this website.

I Disagree