Norway’s $2 Trillion Vote for Ownership Employee
If you follow the global investment sector you know that Norway’s Sovereign Wealth Fund, established in 1990 to manage the country’s increasing oil and gas wealth from the North Sea, is THE largest single sovereign wealth fund in the world at $2.1 Trillion. It easily surpasses the petrostate funds of Saudi Arabia ($1.3T), Kuwait ($1T) and Qatar ($580B). In 2025, the fund generated $248 billion in gains, a remarkable 15.1% return. The fund is managed by Norges Bank Investment Management, whose CEO Nicolai Tangen is one of the most outspoken and intellectually engaged sovereign fund managers operating today. Among many thoughtful and often contrarian points of view, he maintains that “sustainability and governance are inseparable from financial performance — the world will remain complex and uncertain, and companies with governance failures carry financial risk whether or not it shows up in short-term earnings”. Here’s what he had to say about Employee Ownership recently: “As evidence for employee share ownership continues to grow, companies face a choice. They can concentrate ownership narrowly, or they can use employee ownership as a strategic tool to improve returns and build more resilient companies. The financial case for the latter is compelling. This should be on every board’s agenda.” In other words, it’s not just the “little guys” advocating for Employee Ownership. It’s the big guys too. Well, the BIGGEST anyway. Employee ownerships works. Check out his full post here: https://lnkd.in/gCk539jj