HISTORICAL FACTS: Norges bank investment management - Caught on Camera

The Largest Wealth Fund in the World Got Hit by Rising Interest Rates. It Lost Tens of Billions in Q3.

Norway's sovereign wealth fund saw a loss of $30 billion.

International Business Times · Oct 22

World’s largest wealth fund posts $30bn loss as rising rates hit bonds

Norway's sovereign wealth fund ended the third quarter with a $30 billion (€26.4 billion) loss, as falling bond prices weighed on its overall performance.

Euronews · Oct 22

LIC said to lead bidding in NSE’s Rs 22,800 crore IPO

LIC emerged as the largest bidder in NSE’s ₹22,800 crore IPO with ₹4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. Despite cautious retail participation (1.3x), strong institutional demand (12.7x) drove overall subscription to 5.7x ahead of its September 24 listing on BSE.

The Economic Times · Sep 22

Jamie Dimon gets candid about national debt: ‘There will be a bond crisis, and then we’ll have to deal with it’

“The level of things that are adding to the risk column are high, like geopolitics, oil, government deficits. And they may go away, but they may not.”

Fortune · Apr 29

Musk's Net Worth Nosedives as Tesla Shares Drop 5% Overnight After Major Investor Rejects $1T Pay Deal

Elon Musk's net worth fell by $17.5 billion after Tesla's shares tumbled 5%, amid opposition from Norges Bank and others to his $1 trillion pay proposal.

International Business Times UK · Nov 5, 2025

What's Going On With Tesla Stock Today?

Shares of Tesla, Inc. (NASDAQ:TSLA) are falling Tuesday as the company continues to face vehicle sales headwinds. Here’s what you need to know.

Benzinga · Nov 4, 2025

Norway Wealth Fund is freezing hiring to focus on AI use, despite research showing AI projects seldom offer a return in investment

CEO Nicolai Tangen told Fortune the task of monitoring the risks of its 9,000 investments now takes minutes thanks to its AI.

Fortune · May 13, 2025

Norway’s government is being pushed to rethink ‘illogical’ ethical ban on its $1.8 trillion sovereign wealth fund investing in defense

“We are currently facing the most serious security crisis since World War II," Tina Bru of Norway’s Conservation party told Fortune.

Fortune · Apr 2, 2025

Elon Musk gave the cold shoulder to Norway’s $1.4 trillion sovereign wealth CEO Nicolai Tangen after the fund snubbed the Tesla CEO’s pay package—twice

Musk texted Tangen it would be too “difficult and expensive” to travel to Oslo for a home-cooked dinner with other CEOs.

Fortune · Jan 29, 2025

‘Americans just work harder’ than Europeans, says CEO of Norway’s $1.6 trillion oil fund, because they have a higher ‘general level of ambition’

“We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.”

Fortune · Oct 26, 2024