External mandates – making billions on local expertise

Erik Hilde is Global Head Of External Strategies at Norges Bank Investment Management. He's worked in the fund since inception, and has been Global Head for 15 years. This presentation was recorded at Kapitaleierdagen in January 2025. Erik Hilde discuss how to find and select the best external investment managers, to maximise return on investment. Learn why being present matters, and discover an unconventional approach to identifying investment talent. Contents of this video ----------------- 0:00 History of the fund 01:12 The inflow 01:57: The funds Investments 02:13: Asset Allocation 02:44: Fixed Income 03:00: Real estate 03:25: Equities 04:51: External managers 04:56: Analysis of companies 06:45: Excess return 07:21: Reduce risk through focus on ESG 08:33: Strategy developed over time 11:10: Our job 14:33: Selection process 25:14: Monitoring process The recording was done by Reitan Kapital. #oljefondet #investing #stocks