How did the Nobel Foundation invest?
1 year Nobel Prize shrinks by 2 million.
The registration code of the Nobel Foundation in Sweden is 802002-4462, which is a very old registration code. Equally ancient are the buildings to which the foundations belong. In the spacious conference room, Nobel's oil paintings are hung. In the painting, Nobel, dressed in a straight suit, leans on a wooden chair and looks back. On the table in front of him, there are all kinds of reagent bottle who can represent his status as a great chemist. On the walls on both sides of the conference room, early and present Nobel Prize medals are hung. However, unlike gold medals, the design is silver.
As early as 2009, Xiao Man, CEO of the Nobel Foundation, revealed that "in the worst financial tsunami in 2008, the Nobel Fund had lost nearly one-fifth of its investment. Under the impact of the economic downturn, the possibility of cutting the Nobel Fund will not be ruled out in the future. " In the following two years, the Nobel Prize remained at SEK 6.5438+million.
On June 12, 1 1 day, the Nobel Foundation announced that each Nobel Prize would be reduced from $65,438 +0 1.4 million last year to only $65,438 +0 1.8 million. Mo Yan got a bonus of about 165438+ ten thousand dollars.
"The deterioration of earnings this year is mainly due to changes in the portfolio of stock assets." The annual report of Nobel Fund shows that in 20 1 1 year, the total return on net assets of Nobel Fund decreased by 2.6%, and the book net profit was-19.2 million Swedish kronor, while in 201year, the book net profit was 68 million Swedish kronor. Compared with 20 10, the Nobel Foundation has a profit difference of SEK 90 million.
Judging from the stock investment of 20 1 1 of the Nobel Fund, the total value of the stocks invested in the whole year is131500 million Swedish kronor, accounting for 47% of the total investment capital of the Nobel Fund. 20 1 1, the stock invested lost190,000 Sweden.
"It is normal for the Nobel Foundation to make small losses when investing in the capital market. Compared with the scale of the Nobel Prize of nearly 3 billion Swedish kronor, the loss of190,000 Swedish kronor is less than 1% of the total assets, which should not be the main reason for the reduction of the Nobel Prize. " Yuan Dejun, a senior economist at Galaxy Securities, once analyzed.
Indeed, the increase in the cost of the Nobel Foundation is also a major change in the financial situation of 20 1 1.
20 1 1 In the whole year, the expenses of Nobel Day and Nobel Week increased by SEK 4 million, and the administrative expenses increased from SEK 20 million to SEK 2,060, among which the expenses related to the website of the Nobel Foundation increased, but the office management expenses and direct property ownership expenses of 20 1 were lower.
Although stock losses and expenses are on the rise, other aspects of Nobel Fund investment have achieved relatively good returns. 20 1 1 year, the rate of return on investment in fixed-income assets reached 3.3%, the value of real estate funds invested increased by 3.4%, the portfolio of hedge funds increased by 5.7%, and the private market investment gained a rate of return of 12%.
Yuan Dejun analyzed that the reason for the shrinking of the Nobel Prize can only be the global economic downturn. As the global economy continues to slump, there is still no sign of recovery, and there is great uncertainty about when it can get out of the predicament. In this context, the Nobel Foundation's return on investment in the capital market will definitely decrease, so it is not difficult to understand how to reduce the amount of bonuses and tighten their belts. "Once the world economic situation improves and the return on investment increases, the Nobel Foundation can completely increase the bonus amount again, so the increase or decrease of the Nobel Prize can also reflect the warmth and coldness of the world economy."
"Reducing the bonus amount is based on the judgment of current and future financial market trends. The bad economic situation in Europe and America is likely to continue for some time, so we have to' tighten our belts'. " Lars Heikensten, executive director of the Nobel Foundation, once said in response to the reduction in bonuses, "If there is room in the future, we can raise the bonuses again."