Norges Bank Investment Management
Coverage of Norges Bank Investment Management in the Nexus archive.
- Norway's Sovereign Wealth Fund CEO Eyes Future Risks
Nicolai Tangen, CEO of Norway's $2.3 trillion sovereign wealth fund, expressed caution regarding future risks such as AI valuations, inflation, and geopolitical conflict. Despite this caution, Norges Bank Investment Management reported its best quarterly earnings in six years, achieving half-year returns that exceeded 9% and gaining approximately $185 billion.
- Ryanair CEO Is ‘Less Concerned’ Europe Will Run Out of Jet Fuel
Ryanair CEO Michael O'Leary expressed reduced concern about Europe facing a jet fuel shortage during a conference in Oslo. The statement was made at the Norges Bank Investment Management annual investment conference on April 28.
- Norway $2.2 Trillion Fund Lost 1.9% in Quarter Led by Tech Slide
Norway's $2.2 trillion sovereign wealth fund lost 1.9% in the quarter, primarily due to a decline in the tech sector. The fund is managed by Norges Bank Investment Management.