Norwegian oil fund becomes the largest investor in UBS

Six months after the Swiss bank was forced into buying its crisis-struck rival, Credit Suisse, the Norwegian oil fund has become the largest investor in UBS.

Nicolai Tangen, the CEO of Norges Bank Investment Management. | Photo: PR/NBIM

by PHILIP MADSEN

With 5% ownership, Norges Bank Investment Management (NBIM), also known as the Norwegian oil fund, has become the largest investor in Swiss bank UBS, the Financial Times reports.

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Norwegian oil fund becomes the largest investor in UBS

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Mandatum saw buying opportunity in Credit Suisse's downward spiral

Tangen fears more bank collapses will follow after SVB and Credit Suisse

Many Danish pension funds have invested in Credit Suisse

Sign up for our newsletter

Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

BankInvest to optimize investment processes with new hire

World’s no. 1 stock owner calls out Big Oil as carbon levels go up

Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk

Storebrand growth fund gets new portfolio manager

Danish pension fund invests to support female entrepreneurship in Southeast Asia

Further reading

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Nordics show clear appetite for new asset classes, BlackRock survey reveals

More than one third of managers do not report ESG violations to Varma, despite shared values

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