Dialogue
Content on this page
Folketrygdfondet has been engaged in equity management for over 30 years and fixed-income management for more than 50 years. Our ambition is for the companies to perceive Folketrygdfondet as a good owner.
Active ownership
Long-term dialogues
Meeting the chair of the board and management of companies is the most used tool to exercise our ownership rights.
+500 meetings
In 2024 we held more than 500 meetings with Nordic companies and issuers in our portfolio.
+270 companies and issuers
In 2024 we met more than 270 Nordic companies and issuers in our portfolio.
Company dialogue
As an institutional investor with significant holdings and a long-term perspective, we have become well acquainted with the companies' strategies and historical development. The role of a bondholder is different from the role of a shareholder, but the follow-up of the two portfolios has become more holistic over time.
Maintaining an active and constructive dialogue with the companies is a method that suits Folketrygdfondet well because we are a large and long-term investor. Through meetings and other contact with the chair of the board and management, the companies get to know us, and we get to know them.
These dialogues give us a basis for understanding the companies’ strategies, operations, growth opportunities and risk profile. It also makes us a better investment manager, not least because it enables us to assess the companies’ capital needs and strategic priorities.
We apply the same principles for exercising ownership in relation to our investments in Norwegian and Nordic companies. We nonetheless distinguish between how we exercise ownership in the Nordic countries and the approach we take in Norway. Among other things, this is because our ownership interests are usually smaller in Nordic companies.
Issuer dialogue
Folketrygdfondet's benchmark index consists of 40 percent fixed income, and we therefore have regular dialogue with the issuers of the bonds. This includes company presentations and roadshows, as well as one-on-one meetings, to name a few examples.