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Norway's Pension Fund May Ban Sex Industry, Tobacco, Gambling 

Norway's government pension fund, Europe's largest retirement plan, is mulling excluding pornographers, cigarette makers and bookmakers from the 2.08 trillion kroner ($388.1 billion) portfolio. . . .

Norway, the world's fifth-largest exporter of crude oil, places most of its petroleum revenue in the fund. The pension plan is the world's second-largest so-called sovereign wealth fund after the Abu Dhabi Investment Authority. . . .

The fund plans to ``lobby against child labor and for a climate-change agreement,'' Halvorsen said. ``We have now withdrawn from 25 companies, and we are continually reviewing our shareholdings to ensure we are not contributing to ethical violations.''

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