Investor profile

FTF (Norway)

The Folketrygdfondet (FTF) was originally established in 1967 as a savings vehicle that would contribute to the funding of future of payments under the national insurance scheme. In 1979, the surpluses became deficits and the transfers from the insurance system stopped. In 2007, FTF is granted the management of the domestic portion of the Oil Fund, known as the Government Pension Fund Norway (GPFN). The fund has managed sub-bonds created by the Government in both 2009 (closed in 2014) and 2020 (ongoing).

Established 2006

Assets under Management (AuM): 32

Alternative Assets: 0%

Mission

“To facilitate government savings to finance rising public pension expenditures and support long-term considerations in the spending of government petroleum revenues. A sound long-term management of the Fund contributes to intergenerational equity, by allowing both current and future generations to benefit from the petroleum revenues.” (Savings Fund)

GSR Scoreboard

n.a. (to be included in 2022 GSR Scoreboard).

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