Yngve Slyngstad: contrarian person, brilliant investor

Knut Kjær reflects on the character of the man that has led Norway’s $1.1 trillion SWF

Yngve Slyngstad
Yngve Slyngstad
Photo: Nils S Aasheim/Norges Bank/Flickr

On the day the Norwegian Oil Fund passed the Nkr10 trillion mark ($1.1 trillion), Yngve Slyngstad, chief executive of Norges Bank Investment Management (NBIM), handed in his resignation. Not all leaders leave at the top. But Slyngstad is no ordinary leader. He is as contrarian as a person as he is as an investor. His way to the top of one of the world’s biggest single pools of international financial assets was also at odds with the normal career path in finance.

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