Norway Wealth Fund CEO 'Not Very Optimistic' About Returns in Next Few Years

Norway’s $1.5 trillion sovereign wealth fund is bracing for lackluster performance from markets in the years to come. “I think there is more underlying inflationary pressure,” Chief Executive Officer Nicolai Tangen said in an interview on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. "The international central banks will be very careful in cutting rates too quickly because they have been too slow in putting them up.”

Read more on this story here: https://www.bloomberg.com/news/articles/2024-01-15/norway-wealth-fund-ceo-sees-low-returns-the-next-few-years
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