Norwegian Sovereign Wealth Fund to Review Investments in Israel-Linked Companies

The Norwegian sovereign wealth fund, one of the largest investment structures globally, has recently reviewed its investment policy in Israeli and international companies due to the ongoing conflict in the Gaza Strip. The fund is concerned about possible violations of its code of ethics and is considering divestment from companies that supply weapons to Israel for use in the Gaza Strip. While the fund is allowed to invest in defense enterprises, it does have exceptions for those associated with nuclear weapons.

At the end of 2023, the fund owned shares in 76 Israeli companies, although it had previously divested from some companies involved in infrastructure projects in the occupied territories. This decision reflects the fund’s commitment to upholding ethical standards in its investments. It is important for such a prestigious fund to ensure that its investments align with its values and guidelines.

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By Riley Johnson

As a content writer at newsmol.com, I dive into the depths of information to craft compelling stories that captivate and inform readers. With a keen eye for detail and a passion for storytelling, I strive to create engaging content that resonates with our audience. Whether it's breaking news, in-depth features, or thought-provoking opinion pieces, I am dedicated to delivering high-quality, informative content that keeps readers coming back for more. My goal is to bring a fresh perspective to every article I write and to make a meaningful impact through the power of words.

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