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Norway , Friday 17 April 2026

Norway sovereign wealth fund CEO warns of rocky times

Published on: Monday 02 May 2022

Norway sovereign wealth fund CEO warns of rocky times Norway's $1.2 trillion sovereign wealth fund is prepared for a rocky ride as it confronts the biggest geopolitical changes in three decades, its chief executive said on Tuesday. "We probably face the greatest changes for 30 years," Nicolai Tangen told a Norwegian parliamentary hearing, adding the world's largest sovereign wealth fund expects "growing frictions between superpowers and a reversal of globalisation". Tangen said that the Norwegian fund, which invests all of its assets in foreign stocks, bonds, property and renewable energy projects, has "nowhere to hide" and must manage the risk that comes with exposure to global markets.


News source: https://news.yahoo.com/norway-sovereign-wealth-fund-ceo-083421594.html

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