Norway's $2 trillion wealth fund was frozen out of major defense companies. That may be about to change
Existing ethical rules mean the fund is not permitted to invest in companies like Lockheed Martin and Boeing.
CNBC reports: Existing ethical rules mean the fund is not permitted to invest in companies like Lockheed Martin and Boeing.
This business story centres on Norway. Names and organisations mentioned in the coverage include Lockheed Martin and Boeing.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- Norway · Europe
- Reported by
- CNBC
- First reported
- Key names
- Lockheed Martin, Boeing
- Section
- Business
Sources
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