When Top1000funds.com interviewed Nicolai Tangen in 2023 about being awarded the most transparent fund in the Global Pension Transparency Benchmark, it was clearly a priority but not yet a completed project for the Norges Bank CEO. Transparency is a clear indicator of Tangen’s leadership style and he makes no secret of the fact that Norges has an ambition to be the world’s best fund. It’s rumoured that in year one of the GPTB when CPP Investments ranked as the most transparent fund, Tangen said it was OK to be beaten by Canada in ice hockey but not in transparency.