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Crash March 2018
JoJo26 March 2018
LewisBraham March 2018

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Norway's $1 Trillion Wealth Fund Earned Less Money Due To Ethical Profile

Ted

Ted

March 2018 in Fund Discussions

FYI: Norway’s $1-trillion sovereign wealth fund, the world’s largest, has earned less money because of divestments it has made over the past twelve years due to ethical and environmental considerations, it said on Tuesday.
Regards,
Ted
https://www.reuters.com/article/us-norway-swf/norways-1-trillion-wealth-fund-earned-less-money-due-to-ethical-profile-idUSKCN1GI0Y0

Comments

JoJo26

March 2018

Is that 1.6% on an annual basis or cumulative? It's not clear to me.
Crash

March 2018

Love to know the specifics of what they divested from.
LewisBraham

March 2018

Can find it here, but I don't see any release or info yet about their ethical profile costing them returns: https://nbim.no/en/transparency/reports/

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