07.01.2015 - Norwegian oil fund to disclose voting intentions to illustrate 'principle'
Norway’s sovereign wealth fund will publish its voting intentions where it feels the intervention can help illustrate an important principle, rather than focusing on the companies in which it has the largest stakes, according to the head of Norges Bank Investment Management (NBIM). Yngve Slyngstad, chief executive at NBIM, said the decision to publicise voting intentions was reached independently from a move to double the number of firms in which the NOK6trn (€658bn) Government Pension Fund Global holds a stake larger than 5%...............................................Full Article: Source
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