This is not a stock picker’s industry, says head of Norway’s $2 trillion wealth fund
Nicolai Tangen, CEO of NBIM — which manages Norway’s $2.2 trillion sovereign wealth fund — spoke to CNBC about investing amid the Iran war.
He noted the sector was difficult to navigate, and that he was glad to be managing a near-index fund. Furthermore, experts in bear market note the continued relevance.
Investors gathered in Norway for NBIM’s annual conference on Tuesday. This also touches on aspects of dividends.
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