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Norway's Wealth Fund May Shift Defense Policy | Markets & Money News
Norway's $2.3 trillion wealth fund, the world's largest sovereign fund, may soon change its investment strategy by allowing stakes in Western defense companies such as Boeing and Lockheed Martin. Previously restricted by ethical guidelines regarding nuclear weapons, the fund's shift comes amid rising geopolitical tensions and a recent review by the Gjedrem Committee advocating for a new approach. Consultations on these recommendations are set, with a central bank response anticipated in January
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