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dc.contributor.authorStakkeland, Jon Vegard
dc.contributor.authorLahikainen, Anna Katariina
dc.date.accessioned2018-12-17T10:18:48Z
dc.date.available2018-12-17T10:18:48Z
dc.date.issued2018
dc.identifier.urihttp://hdl.handle.net/11250/2577897
dc.descriptionMasteroppgave(MSc) in Master of Science in Business, Finance - Handelshøyskolen BI, 2018nb_NO
dc.description.abstractThe equity allocation in the Government Pension Fund Global has a major impact on the fund’s overall long-term risk and return. The purpose of this study is to examine the optimal equity allocation in the GPFG by analyzing the different components that affect the decision. Our study complements prior assessments of the equity share. The evidence from this study suggests that the peer institutions take higher risk than the GPFG. We find that the GPFG has a competitive advantage due to specific fund characteristics and can therefore have a higher allocation to equities than the global market portfolio. We also find that the national wealth has similar characteristics to a corporate bond. However, the overall risk has increased since the previous equity assessment, as equity-like assets account for a higher share of the total national wealth. The results show that with the current fiscal rule, the fund is unlikely to maintain its real value in the future.nb_NO
dc.language.isoengnb_NO
dc.publisherHandelshøyskolen BInb_NO
dc.subjectfinansnb_NO
dc.subjectfinancenb_NO
dc.titleEquity Allocation in the Government Pension Fund Globalnb_NO
dc.typeMaster thesisnb_NO


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