Norway wealth fund excludes six companies linked to West Bank, Gaza

OSLO/COPENHAGEN: Norway’s sovereign wealth fund, the world’s largest, said on Monday it had decided to exclude another six companies with connections to the West Bank and Gaza from its portfolio, following an ethics review of its Israeli investments. The $2 trillion wealth fund did not name the companies it had decided to exclude but said these would be made public, along with specific reasons for each company, once the divestments were completed. One possibility could be that among them are Israel’s five largest banks, which have been under review by the fund’s ethical watchdog.

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