Funds Managing $670 Billion React to Norway Oil ‘Revolution’

Norway wealth fund is planning to exit all oil and gas stocks
The proposal is still reverberating across investing community

Norway Fund May Divest From Fossil Fuels

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Kati Pohjanpalo and Niklas Magnusson

November 20, 2017 at 3:50 PM UTC

Updated on

November 21, 2017 at 10:49 AM UTC

This article is for subscribers only.

Asset management in the Nordic region is dominated by Norway’s $1 trillion sovereign wealth fund, which last week said it wants to exit all its oil and gas stocks.