Norway’s $2 trillion wealth fund was frozen out of major defense companies. That may be about to change
Summary
Norway is reviewing the strict ethical guidelines that currently prevent its massive sovereign wealth fund from investing in major defense contractors like Lockheed Martin and Boeing. Adjusting these rules could soon open the door for the fund to hold shares in prominent global aerospace and weapons manufacturing firms.
Existing ethical rules mean the fund is not permitted to invest in companies like Lockheed Martin and Boeing.
Source: Read the full story at US Top News and Analysis
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