Nicolai Tangen, the head of Norway’s $1.8 trillion sovereign wealth fund, discusses the outlook for global markets amid recent trade policy upheaval and what that means for the fund’s US investments. He talks with Bloomberg’s Francine Lacqua in Oslo.
00:00 Market volatility; US vs. Europe stocks; trade turmoil
01:52 Happy with US allocation: Treasuries; Magnificent 7
03:52 Tariffs, fragmentation and impact on economy, markets
05:37 Tesla; China; opportunities in renewables infrastructure
07:53 Real estate looks "pretty attractive" relative to equities
08:47 Europe is "getting its act together"; podcast on Formula 1
——–
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