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Nicolai Tangen, the chief executive of Norges Bank Investment Management, warned on Monday that Norway's $2 trillion sovereign wealth fund could theoretically lose its entire value, calling the scenario "not completely improbable" given current global tensions — a stark message…

The head of the world's largest sovereign wealth fund warned Tuesday that its entire $2 trillion value could theoretically be wiped out, calling current market conditions "abnormal" as financial markets continue to rise despite mounting risks.