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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Fund Management/Administration

Norway’s $800 bln fund should lose independent ethics panel

Posted on 12 November 2013

The ethics panel that decides which firms Norway’s $800-billion wealth fund should avoid should lose its independence and become part of the central bank, a report said, a shift critics said would undermine the fund’s ethical strategy.
The report by a government-appointed commission also called for more research on the performance of ethical investments, saying a lack of such studies made it difficult to assess how the fund’s stance compared with other strategies………………………………………..Full Article: Source


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