Norway’s sovereign wealth fund, the world’s largest, has divested from several Israeli companies and ended contracts with asset managers overseeing its Israeli portfolio. The move follows an urgent review after revelations of investments linked to Israel’s military, amid the ongoing war in Gaza. Fund CEO Nicolai Tangen cited “extraordinary circumstances” and a worsening humanitarian crisis. The fund, which held stakes in 61 Israeli companies as of June, has sold out of 11 so far and continues to review others. This comes amid growing calls from activists, governments, and UN officials for countries to cut financial ties with Israel.
See More
