Norway's Sovereign Wealth Fund Pulls Out of Adani

World's Largest Sovereign Wealth Fund Drops Adani Green From Portfolio

Norway’s $2-trillion wealth fund, managed by Norges Bank Investment Management, had in May 2024 excluded Adani Ports and Special Economic Zone Ltd.

Norway's sovereign wealth fund pulls out of Adani

Norway's sovereign wealth fund excludes Adani Green Energy from its portfolio, citing concerns over alleged financial crime links.

Norway’s Wealth Fund Drops Adani Group Unit Amid Corruption Concerns – EUROP INFO

Norway’s sovereign wealth fund has divested from a unit of the Adani Group amid growing concerns over alleged corruption, according to a report by MLex. The decision marks a significant setback for the Indian conglomerate, which has faced increased international scrutiny in recent months. This move underscores the fund’s ongoing commitment to ethical investment practices and highlights the rising challenges multinational companies encounter in m…

Adani Group unit removed from Norway's wealth fund over corruption concerns | MLex | Specialist news and analysis on legal risk and regulation

Adani Green Energy, which is the subject of a US corruption probe, has been removed from the world’s largest sovereign wealth fund due to concerns about its alleged links to financial crime.