4 investing principles that elevated Yngve Slyngstad to managing the NBIM
Yngve Slyngstad is a renowned investor who transformed the Government Pension Fund Global into the largest sovereign wealth fund globally. He advocates for long-term investing, diversification, active ownership, and transparency.
How many of us have heard of Yngve Slyngstad, a name synonymous with finance? Being the CEO of Norges Bank Investment Management (NBIM) from 2008 to 2020, he successfully expanded the Government Pension Fund Global in Norway, transforming it into the largest sovereign wealth fund globally, with assets under management surpassing $1 trillion. Additionally, he is recognised for spearheading responsible investment initiatives, including the strategic divestment from companies with subpar environmental and social performance.