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