EconomyNorway’s top wealth fund flags risks from AI-fuelled stock valuations
Nicolai Tangen, head of Norway’s $2.4 trillion Government Pension Fund Global, warned that soaring AI-related stock valuations could cause a sharp market correction and inflict major losses. The fund posted record first-half profits, but about a third of its equity investments are in technology and its benchmark strategy leaves little room for hedging.
Norway’s top wealth fund flags risks from AI-fuelled stock valuations
Economy