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European markets need to get their act together, CEO of Norway’s $2 trillion wealth fund says. ‘The winner takes it all’
Business

European markets need to get their act together, CEO of Norway’s $2 trillion wealth fund says. ‘The winner takes it all’

Nicolai Tangen, CEO of Norway's $2 trillion sovereign wealth fund, called for urgent unification of European capital markets to counter U.S. dominance, highlighting a decade-long shift in the fund's portfolio toward American tech stocks. He also expressed surprise at market stability amid the U.S.-Iran war, noting potential inflationary risks from rising oil prices.

Lisa Johnsonabout 11 hours ago