AMWatch

Norges Bank changed its ethical rules before Tangen hearing

The Norwegian central bank has changed its ethical regulations after realizing conflicts of interest could arise when Norwegian hedge fund manager and philanthropist Nicolai Tangen starts managing the NOK 10 trillion Norwegian oil fund.

Hedge fund manager and philanthropist Nicolai Tangen will take over the management of the Norwegian oil fund in September. Photo: Ntb Scanpix/Reuters/Ritzau Scanpix

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