Norwegian SWF gets active in activism

ESG changes to Norway fund could lead to €910m sell off Changes to the ethical guidelines of Norway’s $1.15tn Government Pension Fund Global (GPFG) could lead to assets worth NOK 10bn (€910m) being sold off, with engagement being offered as a third way. Norges Bank, which manages the GPFG investment portfolio – the world’s largest […]

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Norges Bank Investment Management (NBIM), the investment arm of the Norwegian central bank and asset manager for the Norwegian Government Pension Fund and the Government Petroleum Insurance Fund managing over NOK1,000bn (£107bn) in equity investments, has filed shareholder proposals at four US companies calling for independent chairmanship. Meetings at Harris Corporation (23rd OCtober), Parker Hannifin (28th October), […]

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