Norway’s $2.3T sovereign fund cautions on fading bumper gains
TL;DR
Nicolai Tangen cautions that the strong, chip-driven gains NBIM enjoyed in the first half are unlikely to repeat, as the fund posted a near-$185 billion profit but warned of tougher market conditions and stressed a long-term, diversified approach.
- 'Tougher times ahead': Don't expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half CNBC
- NBIM Hits Record Profits, But There’s a Catch Yahoo Finance
- Norway wealth fund posts record $184 billion profit in first half of 2026 Reuters
- Norway $2.3 Trillion Fund Posts Best Quarter Since 2020 Bloomberg.com
- World’s largest wealth fund discloses US$1.2-billion stake in SpaceX The Globe and Mail
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