A high-pressure, low-pressure combo "brings winds up from the south, so that's pushing the air from the desert southwest up ...

The ‘Viking Code’ leadership of Nicolai Tangen, ... This equates to about $300,000 per Norwegian, and the long-term average return of about 6% per year has strengthened trust in the fund.

The $1.2tn fund suffered a 14.4 per cent loss, or the equivalent of $174bn, ... Its renewable energy infrastructure investments fell 13.3 per cent. Nicolai Tangen: ...

Norges Bank Investment Management ended 2022 with a loss of 14 per cent, according to Tangen. Behind 2008, that marked the fund’s second-poorest run in its 25-year existence.

According to its website, the fund is the largest single owner in the world’s stock markets – owning almost 1.5 per cent of all shares in the world’s listed companies. It owns stakes in around 9,000 ...