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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'

By CNBC March 17, 2026 Bearish
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 Norges Bank Investment Management, warned Europe is facing a crisis and that “it is time to act.” NBIM manages Norway's sovereign wealth fund, the largest of its kind, with a value of just over $2 trillion.
Nicolai Tangen, CEO of Norges Bank Investment Management, warned Europe is facing a crisis and that “it is time to act.” NBIM manages Norway's sovereign wealth fund, the largest of its kind, with a value of just over $2 trillion.