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Nicolai Tangen secures second term as the CEO of Norway's vast sovereign wealth fund

Tangen secures another term as Norway's wealth fund CEO

Nicolai Tangen has been appointed to a second term as CEO of Norway's vast sovereign wealth fund, Norges Bank Investment Management, the central bank said today.

Business • 18 Mar

Nicolai Tangen, the CEO of Norges Bank Investment Management

Norway wealth fund's record $222 billion annual profit

Norway's $1.8 trillion sovereign wealth fund, the world's largest, has today reported a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

Business • 29 Jan

Norway's $1.6 trillion sovereign wealth fund is the world's largest wealth fund

Norway's wealth fund posts $109 billion Q1 profit

Norway's $1.6 trillion sovereign wealth fund, the world's largest, has today posted a profit of 1.2 trillion crowns ($109 billion) for the first quarter of 2024, boosted by strong technology stocks.

Business • 18 Apr 24

Norway's $1.3 trillion sovereign wealth fund is the world's largest

Norway wealth fund boosted by technology stocks

Norway's $1.3 trillion sovereign wealth fund, the world's largest, earned a return on investment of 1.07 trillion Norwegian crowns (€101.36 billion) in 2020, the second highest in its 22-year history.

Business • 28 Jan 21

Norway's fund seeks to invest in unlisted equities

The manager of Norway's $1 trillion sovereign wealth fund should have more freedom to invest in unlisted equities - a proposal that could help the fund better capture the growth of US tech firms.

Business • 28 Aug 19

Firms set to be excluded from the Norway wealth fund include Tullow Oil, Premier Oil and Cairn Energy

Norway's wealth fund to drop oil, gas stocks

Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers, according to a government plan.

Business • 08 Mar 19

Norway's $1 trillion sovereign wealth fund is the largest in the world

Norway's wealth fund doubles return in 2017

Norway's $1 trillion sovereign wealth fund, the world's largest, doubled its return on investment in 2017, beating its benchmark.

Business • 27 Feb 18

Norges Bank's CEO said the growth in Norways's sovereign wealth fund's market value has been stunning

Norway sovereign wealth fund hits $1 trillion in value

The value of Norway's sovereign wealth fund officially hit $1 trillion today after outperforming all initial expectations, its manager said in a statement.

Business • 19 Sep 17

The fund invests the proceeds from Norway's revenues from oil and gas production in foreign stocks, bonds and property

Norway's sovereign wealth fund returns 2.17% in Q4

Norway's $900-billion sovereign wealth fund, the world's biggest, returned a profit in the fourth quarter due to strong equity markets, it said today.

Business • 28 Feb 17

Sovereign Wealth Fund