08/03/2023at 10:51

NBIM CEO admits early concern about possible ‘record losses’ when he took over oil fund

Nicolai Tangen comments on his initial thoughts in the full annual report by NBIM, which also reveals that it ditched 110 companies from its portfolio last year.

CEO of NBIM Nicolai Tangen. | Photo: PR NBIM.

by REETA ILONA PAAKKINEN

The number of listed companies in Norway’s sovereign wealth fund’s portfolio dropped by 110 in 2022.

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