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Sovereign Wealth Funds Briefing - Categorized | Financials

Norway’s pipeline stakes deepen

Posted on 09 November 2016

Not only are Norway’s huge sovereign wealth fund and its biggest bank involved in the controversial Dakota Access pipeline, its largest life insurance firm and pension fund for local government- and other employees also has stakes in it. So does Norway’s second-largest bank, Nordea.
Kommunal Landspensjonskasse (KLP) confirmed on Tuesday that it has invested in four of the companies developing the pipeline that’s sparked major protests in the US and worldwide…………………………………….Full Article: Source


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