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· Norway

Norway reviews €75bn loss in wealth fund 

Jump to full article: Financial Times (uk), 2009-04-03
Author: Robert Anderson in Stockholm

Intro:

The Norwegian government is to review the operations of its sovereign wealth fund after it lost €75bn on investments last year. . . .

The Ministry of Finance also proposed today (Friday) that the fund should no longer be allowed to invest in tobacco companies and that it should commit Nkr20bn over five years for environmental investments.

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