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Sovereign Wealth Funds Briefing - Categorized | Investment, Performance

Norway SWF expels two companies

Posted on 02 February 2009

From Reuters: Norway’s $300 billion (210 billion pounds) plus sovereign wealth fund has excluded U.S. weapons producer Textron and Canadian mining group Barrick Gold for ethical reasons.

The finance ministry said on Friday Textron was ejected from the fund, one of the world’s biggest investors, because it produced cluster munitions….. Full Article: Source


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