Norway's Wealth Fund

Oslo pauses its ethics council's work amid political backlash and US pressure, reshaping how the world's largest investor approaches ESG

US defence contractor L3Harris Technologies and China's Weichai Power have also been excluded

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis

The fund's return on investment was minus 2.1% for the July-September period, 0.17 percentage points stronger than the return on its benchmark index

Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the people said, asking not to be identified

The Government Pension Fund Global, Norway's $1.4-tn sovereign wealth fund that holds 1.3% of all the world's listed companies and is the largest in the world, raised its Indian bets last year

The fund voted against the Japanese industrial conglomerate's plan to break itself up by spinning off its devices business, a voting record showed

Norway's $1.3 trillion wealth fund, which invests the state's revenues from oil and gas production for future generations, follows an ethical mandate set by parliament.

'I see inflation everywhere: in freight rates, in the prices of metals and food, in construction costs, and gradually in wages,' says Nicolai Tangen, chief executive officer of Norges Bank Investment

For ONGC, the primary concern was over its participation in two joint ventures in oil-dependent South Sudan

Norway is now taking another look at the mandate handed to its wealth fund, the world's biggest

The Oslo-based fund returned almost 14% on stocks, with energy investments up nearly 20%, it said on Wednesday

EMs are often characterised by weaker institutions, says Norway

Norway's $1.3 trillion sovereign wealth fund is the world's largest

The unprecedented withdrawal, revealed in Norway's Revised Budget for 2020, is more than four times the previous record set in 2016

Norway's wealth fund, the world's biggest of its kind, is managed according to a set of ethical principles

It is one of the world's largest shareholders, with investments in around 9,100 companies worldwide, equivalent to 1.4 percent of listed companies globally