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Interestingly enough, the Norway SWF did dodge Wirecard. The new CEO is a former hedge-fund guy. He was named March 2020, but did not start until September 2020
by gimmeThaBeet 5y ago
Interestingly enough, the Norway SWF did dodge Wirecard. The new CEO is a former hedge-fund guy. He was named March 2020, but did not start until September 2020.
There's not enough context for me to think it attributable to any change in leadership, but he did bring it up as an example of how they could benefit from looking for more things to not invest in. Whatever segment of their portfolio this is, is otherwise pretty broadly diversified.
https://www.reuters.com/article/norway-swf-idCNL8N2MF4WF https://www.reuters.com/article/norway-swf-idCNL8N2MF4WF
- durnygbur 5y agoHeh, the rich always know when to pull out. The poor remain with liabilities.