Why is an ‘ethical’ investor funding arms companies?
4 Articles
4 Articles


Why is an ‘ethical’ investor funding arms companies?
Scandinavian countries are often held up as models for a better society. None more so than Norway, flush with North Sea oil wealth, which it can invest responsibly. The money is put aside in a sovereign wealth fund, owned by the Norwegian government and managed by the country’s central bank, Norges Bank. It is the largest such fund in the world, worth £1.4 trillion. Called the Government Pension Fund Global (GPFG), or just the Oil Fund, it is su…
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