Norway oil fund CEO expresses caution despite posting record $150 billion return

Norway's $2.3 trillion wealth fund reported a record first-half gain, but CEO Nicolai Tangen warned that AI valuations and geopolitical risks cause growing concern.

• Norway's $2.3 trillion wealth fund posted a record $150 billion first-half gain
• CEO Nicolai Tangen cited AI valuations and geopolitics as major ongoing concerns