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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Jensen defends oil fund changes

Posted on 08 April 2014

Norwegian Finance Minister Siv Jensen rejected criticisms the government’s planned changes to the management of the nation’s massive sovereign wealth fund didn’t go far enough to ensure greener, socially responsible investments, saying the “Oil Fund” is a return-oriented investment scheme, and not a environmental or foreign policy tool.
Jensen’s main point was that while the fund aimed to invest responsibly and encourage companies to be good corporate citizens, it always has to focus first and foremost on investments that give the sovereign wealth fund the best possible return………………………………………..Full Article: Source


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