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Norway’s Trillion Dollar Fund Isn’t Ditching Oil After All (08/08/19 12:30:32)

    Norway’s US$1-trillion fund—the world’s biggest sovereign wealth fund—sent shockwaves through global markets nearly two years ago when it said in November 2017 that it recommended the removal of oil and gas stocks—around US$35 billion worth of shares—from the fund’s equity benchmark index to make Norway’s wealth and economy less vulnerable to a permanent drop in oil and gas prices.
Tsvetana Paraskova

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Norway’s Trillion Dollar Fund Isn’t Ditching Oil After All