Norway Wealth Fund Hires a Sports Psychologist to Train Managers on Risk
Nicolai Tangen said he has worked with a sports psychologist for eight years.
Photographer: Hakon Mosvold Larsen/AFP/Getty Images
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Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, hired a sports psychologist who trains military pilots to make its managers more comfortable with taking risks.
The fund’s new Chief Executive Nicolai Tangen, who said he has worked with a sports psychologist for eight years, expects the move to boost returns by benefiting “mental strength and robustness” of the staff, according to an interview with local news service E24.no, published Friday.