From Yahoo Finance: 2025-04-28 12:01:00

The CEO of Norway’s $1.8 trillion sovereign wealth fund warns that the world economy is fragmenting, leading to low growth and higher inflation. The fund, one of the largest investors globally, owns 1.5% of all listed stocks. A fragmented world economy poses a significant risk to financial markets, potentially resulting in the fund losing up to a third of its value in a stress-test scenario. Despite recent market volatility, markets remain flat on the year. Companies are hesitant to give outlooks amidst uncertainty. Tangen, the CEO, emphasizes the importance of companies being able to resist price pressure in the current environment. Over the past year, the fund has been slightly underweight in equities and tech stocks due to a mandate set by parliament. Tangen was recently reappointed for a second term as CEO, focused on optimizing all aspects of the fund’s operations, including the use of artificial intelligence to enhance efficiency.



Read more at Yahoo Finance: Biggest risk to markets is a fragmented world, says Norway wealth fund CEO