Will world's biggest wealth fund dump its oil stocks?

On Friday, the Norwegian government will get a report from an expert committee mapping out the case for divesting its sovereign wealth fund’s more than $40 billion in petroleum holdings

22nd August, 2018
The deputy CEO of Norway's sovereign wealth fund Trond Grande. Pic: Getty

On Friday, the Norwegian government will get a report from an expert committee mapping out the case for divesting the fund’s more than $40 billion in petroleum holdings. The administration will then make a recommendation to parliament later this year, based on the expert committee’s report.

Proponents of selling off oil stocks got a reminder of the risks involved in such a move on Tuesday. Despite the increasing turmoil in global trade,...

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