The David Rubenstein Show: Nicolai Tangen

The David Rubenstein Show: Nicolai Tangen

S
Smart Finance
2 Video Views·Dec 19, 2025

The CEO of Norges Bank Investment Management, the world's biggest single owner of public equities, says a fund of its size needs to be widely diversified across asset classes, because tactical asset allocation would be "very, very tough." Nicolai Tangen, who runs the $1.8 trillion sovereign wealth fund, also talks about his investment concerns and AI. Tangen speaks on "The David Rubenstein Show: Peer-to-Peer Conversations." This interview was recorded January 22 at the Bloomberg House in Davos.

Chapters:
00:01:08 - What is Norges Bank Investment Management?
00:03:37 - Current investment environment
00:04:34 - Norway's Offshore Oil
00:05:46 - Public Criticism
00:07:09 - Investment Advice
00:10:28 - Early Life
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