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Sovereign Wealth Funds Briefing - Categorized | Trends

Norwegian SWF giant turns activist for first time

Posted on 12 August 2013

Second largest sovereign wealth fund in the world exercises shareholder role as part of plans to work more closely with companies. The world’s second largest sovereign wealth fund has taken its first ever steps into active shareholder participation, according to its latest quarterly results.
Norges Bank Investment Management (NBIM), which operates the $750 billion Norwegian Government Pension Fund Global, said it intends to take a more involved role in companies which it has a substantial share of the voting rights………………………………………..Full Article: Source


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