Dimson chairs Norwegian council
London Business School's Emeritus Professor of Finance, Elroy Dimson, will chair a Norwegian council charged with reporting on the long-term investment strategy of the Government Pension Fund Global (GPFG).
Professor Dimson will lead the Strategy Council - established by the Ministry of Finance as part of the national budget for 2011.
Part of a four-strong team, he will write a report on the investment strategy by December 2010.
The Government Pension Fund Global is the fund into which the surplus wealth produced by Norwegian petrol income is deposited.
Sigbjørn Johnsen, Minister of Finance, said: "Such independent and critical reviews will provide useful professional input while fostering greater transparency and discussion about important issues related to the long-term investment strategy of the Fund."
The other members are of the council are senior portfolio manager, Antti Ilmanen (Brevan Howard); senior analyst, Øystein Stephansen (DnB NOR Markets) and professor in finance and rector, Eva Liljeblom (Hanken School of Economics).