Norway Wealth Fund CEO Says This Market Can’t Continue Forever
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The chief executive of Norway’s sovereign wealth fund, Nicolai Tangen, says he’s not expecting the surge in stock markets that helped him deliver a $123 billion return in 2020 to continue.
The fund’s result -- the second highest in over two decades -- will be “very difficult to replicate,” he said in an interview with Bloomberg Television’s Francine Lacqua and Tom Keene on Thursday.