✉news WarNuclear first seen 1 d ago, last 1 d ago, peak #19
Norway's $2.3 trillion wealth fund weighs defence investments
Original: Norway’s USD 2.3 trillion wealth fund may open its doors to defence giants
Norway's sovereign wealth fund, the world's largest at roughly $2.3 trillion, may lift restrictions that currently bar it from investing in major defence contractors. A change would open the fund's enormous portfolio to companies such as weapons manufacturers previously excluded on ethical grounds. The possible shift reflects a broader reassessment of defence spending and security policy across Europe.
Why now: Geopolitical tensions and rising European defence budgets have prompted a rethink of ethical investment rules excluding arms makers.
NorwayNorges Bank Investment Management
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