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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway excludes nuclear arms component makers from oil fund

Posted on 14 January 2013

Norway’s sovereign-wealth fund excluded U.S.-based engineering companies Babcock & Wilcox Co. (BWC) and Jacobs Engineering Group Inc (JEC) from its investment portfolio because of their production of nuclear arms components.
The $700 billion Government Pension Fund Global has sold its shares in both companies, the Finance Ministry said……………………………………….Full Article: Source


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