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Alternative Market Briefing

Norway's sovereign wealth fund to divest from Russia
Monday, February 28, 2022

Bailey McCann, Opalesque New York:

Norway's sovereign wealth fund will divest all of its investments in Russia following Russia's invasion of Ukraine.

The $1.3 trillion fund's investments include shares in 47 Russian companies, as well as government bonds. The investments amount to 25 billion Norwegian crowns ($2.83 billion).

According to a report from CNN, the fund is the fourth-largest shareholder in Sberbank. Sberbank is the largest financial institution i......................

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