Return on the capital of the Nobel Foundation amounted to 7.9 per cent in 2012
On Friday, April 26, 2013, the Trustees of the Nobel Foundation approved the 2012 financial statements of the Foundation.
The market value of the Nobel Foundation’s total invested capital amounted to SEK 3,075 m (2,973) at the end of 2012. Excluding the value of the Foundation’s administrative properties, portfolio capital amounted to SEK 2,900 m (2,803) at the end of 2012.
The Nobel Foundation portfolio capital is allocated among equities, fixed income investments and alternative assets. Alternative assets, in turn, are allocated among properties, hedge funds as well as private equity and unlisted bonds. Of total portfolio capital at year-end, 51 (47) per cent consisted of equities, 16 (20) per cent fixed income investments and 33 (33) per cent alternative assets.
Return on invested capital amounted to 7.9 per cent, while portfolio capital amounted to 8.2 per cent for the year.
The return on the Nobel Foundation’s total equities portfolio was 10.5 (-9.3) per cent, while the return on fixed income investments was 6.0 (3.3) per cent. The return on the Foundation’s alternative assets was 4.3 (5.6) per cent.
Book profit for the year amounted to SEK -37.4 m (-19.2).
The 2013 Nobel Prizes were set at SEK 8.0 m per prize by the Board of the Nobel Foundation.
At today’s meeting, the Trustees of the Nobel Foundation furthermore appointed the Board of Directors of the Nobel Foundation in which Carl-Henrik Heldin will join the Board as a new member for a term of two years. At its inaugural meeting on May 1, 2013, the Nobel Foundation’s incoming Board of Directors will elect Heldin as their Chairman. Heldin is a member of the Royal Swedish Academy of Sciences, professor of molecular cell biology at Uppsala University, branch director of the Ludwig Institute for Cancer Research in Uppsala and Vice President of the European Research Council (ERC). Marcus Storch is resigning as Chairman as of April 30, 2013 since his term of office has expired and he has reached the age of 70.
The Board of Directors of the Nobel Foundation will thereby from May 1, 2013, consist of the following members:
Professor Carl-Henrik Heldin, Chairman
Professor Göran K. Hansson, Vice Chairman
Secretary of the Nobel Assembly at Karolinska Institutet and of the Nobel Committee for Physiology or Medicine
Professor Staffan Normark
Kungl. Vetenskapsakademiens ständige sekreterare
Professor Peter Englund
Permanent Secretary of the Swedish Academy
Mr. Tomas Nicolin, MSc
Mrs. Kaci Kullmann Five
Deputy Chair of the Norwegian Nobel Committee
Dr Lars Heikensten
Executive Director of the Nobel Foundation
Professor Astrid Gräslund, deputy member
Secretary of the Nobel Committee for Chemistry
Professor Lars Bergström, deputy member
Secretary of the Nobel Committee for Physics
The 2012 Annual Report of the Nobel Foundation is available on Nobelprize.org, the official website of the Nobel Prize.
Contact: Annika Pontikis, Public Relations Manager, the Nobel Foundation
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The Nobel Foundation is a private institution established in 1900 based on the will of Alfred Nobel. The Foundation manages the assets made available through the will for the awarding of the Nobel Prize in Physics, Chemistry, Physiology or Medicine, Literature and Peace.
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