Norway wealth fund should keep oil stocks, commission recommends

Norway's massive wealth fund, the world's biggest sovereign investor, should maintain its investments in oil stock, recommends a government-appointed commission.

Siv Jensen, Norway's minister of finance, received the commission's recommendations Friday. | Photo: Ritzau Scanpix/Hakon Mosveld Larsen

by Sveinung Sleire and Mikael Holter, bloomberg

A government-appointed commission recommended against a proposal by Norway's USD 1 trillion sovereign wealth fund to dump more than USD 40 billion in oil and gas stocks.

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