Norway’s Stoltenberg Sees No Reason for Wealth Fund to Exit US

WATCH: Norway’s $2.1 trillion wealth fund has no reason to pull back investments from the US now, Finance Minister Jens Stoltenberg says.Source: Bloomberg

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By Chad Thomas and Heidi Taksdal Skjeseth

January 21, 2026 at 12:55 PM UTC

Norway’s Finance Minister Jens Stoltenberg said he sees no reason for the country’s $2.1 trillion sovereign wealth fund to exit US markets now amid geopolitical turbulence that threatens to split the transatlantic alliance.

“We have not seen any reason to do that now,” Stoltenberg said in an interview on Bloomberg TV Wednesday. “Our presence in the United States reflects the size of the US market. And I think that’s the best way for a very long-term fund.”