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CNBC

'Tougher times ahead': Don't expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half

Wednesday, August 12, 2026


Norway's sovereign wealth fund, which holds stakes in around 1.5% of the world's listed companies, generated record returns in its first half of 2026. The fund manages approximately 2.3 trillion dollars in assets. The fund's CEO stated that returns are unlikely to continue at their current pace going forward.

Original reporting: https://www.cnbc.com/2026/08/12/norway-sovereign-wealth-tangen-nbim.html

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