Adherence of the Government Pension Fund Norway (GPFN) to the Santiago principles

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GAPP Principle 23

The assets and investment performance (absolute and relative to benchmarks, if any) of the SWF should be measured and reported to the owner according to clearly defined principles or standards.

Status: Implemented

GPFN performance is measured in accordance with the Global Investment Performance Standards (GIPS) and reported to the asset owner on a quarterly basis. The benchmark indices are described in detail in the management mandate issued to Folketrygdfondet.

Source: GPFN Mandate.