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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Management/Administration

Norway’s sovereign wealth fund to reveal voting intentions

Posted on 08 August 2014

Norway’s sovereign wealth fund will start issuing public statements, to declare which way it intends to vote on issues being presented at companies’ annual meetings, the fund told the Financial Times. “We think this (move) will contribute to the transparency of how we manage the fund and assess questions for voting,” the paper quoted the institution as saying.
The fund, which is run by Norges Bank Investment Management, is known for questioning executive pay and accountability at companies in which it owns a stake………………………………………..Full Article: Source


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