Norway's Wealth Fund Eyes Strategic Exit from Russian Investments

Norway's central bank urges the government to enable its enormous sovereign wealth fund to divest Russian investments. The fund halted transactions post-Ukraine invasion but seeks to seize divestment opportunities amid limited options due to sanction

By: Devdiscourse

Dec 04 2024
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Norway's Wealth Fund Eyes Stra

Norway's colossal sovereign wealth fund may soon be allowed to divest its Russian investments, following a suggestion by the country's central bank. This comes after a transaction freeze since 2022, as a response to Russia's Ukrainian incursion.
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