On: How Norway spends its $882B global fund

[kristofferR]

Yeah, the oil fund averages just 0.25% above index, and that's without the extra cost of being actively managed factored in (although its huge size probably makes it impossible for it to be passively managed).

[010a → kristofferR]

Are you aware how much 0.25% of $800 billion dollars is? Now, go ahead and complain about a $60M compensation.

[robryan → 010a]

So at this stage factoring in the active management cost they are outperforming the market. Of course we don't know in the long run whether that will continue to be the case.

[ascorbic → kristofferR]

It's hard to beat the market when you're bigger than many markets.