Norway's Sovereign Wealth Fund Urged to Seize Divestment Opportunities in Russia

Norway's central bank recommends lifting a freeze on its $1.8 trillion sovereign wealth fund's Russian holdings to sell assets when possible. Despite geopolitical tensions, the fund aims to reduce exposure, facing challenges due to sanctions and limi

By: Devdiscourse

Dec 04 2024
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Norway's Sovereign Wealth Fund

Norway's central bank has advised the government to permit its enormous sovereign wealth fund to divest from Russian holdings when feasible, ending the freeze implemented since 2022. The freeze was enacted by the Norwegian finance ministry following ... [850 chars]