Norway Wealth Fund Manager Warns Fund Collapse Is 'Not Impossible'
14 Articles
14 Articles
The Norwegian SWF has achieved a record profit, but its boss Nicolai Tangen asks how safe the assets are, because the economic conditions have been "abnormal" for 30 years.
Norway wealth fund manager warns fund collapse is 'not impossible'
Could Norway's sovereign wealth fund, the largest in the world with over $2 trillion in assets, go up in smoke? On Tuesday, its manager said it was a possibility and that current global tensions made the prospect less implausible.
Nicolai Tangen made headlines when he warned that the Petroleum Fund could run out of money. The Petroleum Fund manager is facing both support and opposition.
Norska oljefonden genericade en rekordavkastning på 1,753 miljarder norska kronor under första halvåret, enligt en färsk rapport. Men vd Nicolai Tangen varnar för ett Kraftigt ras – i värsta fall en utradering av hela fondens värde.
The director of the world's largest sovereign investment fund, Nicolai Tangen, warned of a possible collapse of the Norwegian fund, worth about 2,000 billion.
Nicolai Tangen, head of the Oil Fund (the Norwegian Government Pension Fund Global), said during Arendal Week on August 11, 2026, that the fund could disappear, and that in today's world it is not entirely unlikely. Yes, he went further than that. He said: "There is no country in history that has managed to hold on to such a large fortune over time. Fortunes are always lost in the end." E24. In other words, he is effectively saying that the Oil …
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