World’s biggest sovereign wealth fund proposes ditching oil and gas holdings

Published: 16/11/2017
World’s biggest sovereign wealth fund proposes ditching oil and gas holdings
Source: WWW.THEGUARDIAN.COM

Energy industry jolted by advice to Norwegian government from its central bank, which runs $1tn fund The Norwegian central bank, which runs the country’s sovereign wealth fund – the world’s biggest – has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the sector. Norges Bank, which manages Norway’s $1tn fund, said minis

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