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Norway's giant fund in election crosshairs over Israel investments

Norway's $2 trillion sovereign wealth fund has divested from 23 Israeli companies due to ethical concerns, influencing the September election debate on foreign policy and investment neutrality.

  • The $2 trillion Norwegian sovereign wealth fund is facing its "worst ever crisis" over divestment from Israeli companies due to the Israeli-Palestinian conflict.
  • The fund's CEO Nicolai Tangen ruled out resigning, saying he carried out the fund's mandate set by parliament.
  • There is debate over whether singling out Israel for divestment violates the fund's ethical rules, with some arguing the formal process is necessary for fairness.
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ReutersReuters
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Norway's giant fund in election crosshairs over Israel investments

Investments in Israel have taken centre stage in Norway's election campaign, sparking an unusually public debate over how the world's largest sovereign wealth fund operates.

·United Kingdom
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The Mighty 790 KFGO broke the news in on Friday, August 22, 2025.
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