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Norway fund should invest in top arms makers, review finds
Original: Norway wealth fund should invest in top arms makers, commission says in ethics overhaul
A Norwegian government commission has recommended that the country's sovereign wealth fund, the world's largest, be allowed to invest in leading arms manufacturers as part of an overhaul of its ethics rules. The proposal would mark a significant shift for the fund, which has long excluded weapons producers under strict ethical guidelines.
Why now: The proposed reversal of a long-standing ethical exclusion for weapons investments is a major policy shift for the world's largest sovereign wealth fund.
NorwayNorges Bank Investment ManagementNorwegian sovereign wealth fund
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- Norway wealth fund should invest in top arms makers, commission says in ethics overhaul · Arctic Today
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