Managing the world’s biggest sovereign-wealth fund is about to get complicated
Inflation and politics could make Nicolai Tangen’s job at Norges Bank Investment Management harder
NICOLAI TANGEN brings an unusual set of skills to the task of leading the world’s largest sovereign-wealth fund. In addition to a career in finance, the head of Norges Bank Investment Management (NBIM), which oversees Norway’s oil fund of $1.4trn, holds degrees in art history, economics and social psychology. Mr Tangen’s public profile and his musings on leadership, decision-making and cross-disciplinary learning have been admired by many Norwegians in his first year on the job. But the task of running Norway’s gargantuan piggy-bank is likely to become only more difficult in coming years.
This article appeared in the Finance & economics section of the print edition under the headline “Point of low returns?”
Finance & economics December 4th 2021
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