Tag: Nicolai Tangen

Asset Allocation February 7, 2022

Real Estate, Equities Drive 14.5% Return for Norway’s Pension Fund in 2021

The fund giant’s portfolio has returned more than $488 billion in the past three years alone to boost its total asset value to $1.38 trillion.

Asset Allocation October 19, 2020

Norway Pension Giant Rebounds in Q3 From Heavy First-Half Losses

The $1.15 trillion fund returns 4.3% during the quarter after losing $21 billion in the first half.

Asset Management Culture August 25, 2020

Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings 

The divestment addresses concerns raised at a parliamentary hearing earlier this month. 

Corporate Moves August 11, 2020

Norges Bank Board Defends Chief Executive Pick, Again

At a parliamentary hearing, the board governor helped the hedge fund manager Nicolai Tangen, under fire since his appointment. 

Corporate Moves June 15, 2020

Unease Remains Around Incoming Chief at Norges Bank 

The supervisory board at the sovereign wealth fund told the national parliament that further control measures are needed to prevent conflicts of interest.

Corporate Moves June 1, 2020

Norges Bank Finalizes Contract with Controversial CEO Pick

The incoming chief executive will distance himself from his old hedge fund.

Newsmakers April 21, 2020

Norway’s Sovereign Wealth Fund Hit by Scandal

Norges Bank investigates outgoing CEO’s flight on luxury jet paid for by incoming CEO before his hiring.

Pensions April 9, 2020

Short-Term Losses Dent Norway’s Long-Term Returns

Pension giant’s 10-year return down over 2% after $112 billion first quarter loss.

Manager Selection March 27, 2020

Norway’s Sovereign Wealth Fund Selects New Chief Executive

Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.