Oil fund CEO misses out on billions: "Money can't buy happiness"

The hedge fund co-founded by Nicolai Tangen is paying out billions in dividends this year.

Nicolai Tangen, CEO of Norway's oil fund. | Photo: Pr/norges Bank Investment Management

Nicolai Tangen, chief executive officer of the Norwegian oil fund, is missing out on a substantial sum of money because of his decision to leave the hedge fund he co-founded to become head of the oil fund, reports Norwegian news agency NTB.

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Oil fund CEO misses out on billions: "Money can't buy happiness"

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Palestine protesters block the entrance to Norges Bank

Oil fund opposes climate proposal initiated by Nordic investors

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Sign up for our newsletter

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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