Norway sovereign-wealth fund aims to dump a swath of oil and gas stocks

📆 08/03/2019 19:01:00
📰 MarketWatch

⏱ Reading Time:
1 sec. here
2 min. at publisher
📊 Quality Score:
News: 4%
Publisher: 97%

España Noticias Noticias

España Últimas Noticias,España Titulares

Norway’s Finance Ministry on Friday recommended that the country’s $1 trillion sovereign-wealth fund drop shares of energy companies that engage in exploration and production of oil and gas from its portfolio, a move that could potentially weigh on the energy sector.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Norway fund to sell exploration, production firms, keep integrated energy stocksNorway's trillion-dollar sovereign wealth fund, the world's biggest, w...
Fuente: Reuters - 🏆 2. / 97 Leer más »

World's largest sovereign wealth fund to scrap oil and gas stocksNorway's trillion-dollar sovereign wealth fund plans to dump oil and gas companies from its benchmark index, the finance ministry announced on Friday. Not having all eggs in the same basket is usually regarded as sound risk management- the riddle is why it has not been implemented long ago. A country that actually collectively believes in climate change, aren’t bought and paid for by oil and gas companies? That sounds really nice.
Fuente: CNBC - 🏆 12. / 72 Leer más »