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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

World’s biggest sovereign wealth fund excludes Sesa Sterlite on ethical grounds

Posted on 03 February 2014

Norway’s finance ministry has told its $810 billion oil fund, the world’s biggest sovereign wealth fund, to stop investing in two Israeli firms and one Indian firm on ethical grounds.
The ministry instructed the fund for a second time to exclude Africa Israel Investments and its construction subsidiary Danya Cebus from its investments and also said it should not invest in Sesa Sterlite, India’s biggest zinc and aluminium maker………………………………………..Full Article: Source


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