New CEO of Norway’s EUR 906 billion fund in make-or-break moment

Norway is about to reveal whether the man chosen to run its EUR 906 billion (USD 1 trillion) wealth fund has passed a key test to prove he won’t be bogged down by conflicts of interest.
Nicolai Tangen, CEO, Norwegian oil fund | Photo: Tony Colli/PR
Nicolai Tangen, CEO, Norwegian oil fund | Photo: Tony Colli/PR
BY MIKAEL HOLTER / BLOOMBERG

On Wednesday, the entity that asked London-based hedge-fund manager Nicolai Tangen to become chief executive of the fund is meeting to discuss how to get him past the finish line.

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