Norway's sovereign wealth fund has decided to sell stakes in Israeli companies and terminate contracts with foreign managers because of the Gaza conflict.
Gabriel Dumitrache
International
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Norway's $2 trillion sovereign wealth fund has decided to end its collaboration with the external managers that handled its investments in Israel and has sold its stakes in 11 of 61 Israeli companies. The decision was taken after an urgent review of investments in the context of the Gaza conflict. The fund will transfer investment management internally, limiting itself to companies in the stock market benchmark index. The ethics board is also considering divestment from five Israeli banks.
Sources
Fondul suveran al Norvegiei închide contractele de administrare a activelor din Israel și vinde participații din cauza situației din Gaza și Cisiordania
Încă o "sancțiune" pentru Israel. Fondul suveran de investiții al Norvegiei vinde acțiunile din 11 companii israeliene
Fondul suveran norvegian renunță la investiții importante în mai multe firme israeliene din cauza situației din Gaza și Cisiordania
Fondul suveran al Norvegiei închide contractele de administrare a activelor din Israel şi vinde participaţii din cauza situaţiei din Gaza şi Cisiordania
Fondul suveran norvegian se retrage din 11 companii israeliene ca urmare a crizei din Gaza
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