Reported about 8 hours ago
Nicolai Tangen, CEO of Norway's $1.8 trillion sovereign wealth fund, has identified market fragmentation as a significant risk due to its potential to cause low growth and high inflation. He highlighted geopolitical tensions, including wars and trade conflicts, as contributing factors. In a stress-test scenario, a fragmented world could lead to a third of the fund's value loss. Despite recent market volatility, Tangen noted that markets remain unchanged this year, indicating uncertainty in corporate forecasts and resilience among companies that can adapt to price pressures.
Source: YAHOO