03.05.2016 - World's largest sovereign fund to weigh in on executive pay controversy
Norway's sovereign wealth fund, the biggest in the world with shares in more than 9,000 companies, will add its influential voice to those of investors increasingly concerned by executives' skyrocketing pay. Worth nearly seven trillion kroner (US$868 billion), the fund will lay out its stance on the thorny subject in a "position paper", a spokeswoman for the division of the Norwegian central bank responsible for managing the fund said on Monday (May 2). "It is a theme that we will watch," Martha Skaar said...............................................Full Article: Source
Print