Norway Oil Fund CEO Says He’s More Nervous After Record Returns

Nicolai Tangen, chief executive officer of Norway's Government Pension Fund Global, said the fund achieved record first-half returns valued at approximately $160 billion. Tangen stated the performance was "as good as it gets" but expressed concern about future market conditions. The fund, also known as the Norway Oil Fund, manages approximately $2.3 trillion in assets. No specific date for these comments or the reporting period was provided in the available information.

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