Business2 sources
Norway's Wealth Fund May Invest in Defense Companies
- Norway's wealth fund, valued at $2 trillion, has been restricted from investing in major defense companies.
- The restriction is due to existing ethical rules.
- The fund may soon be allowed to invest in companies like Lockheed Martin and Boeing.
- This change could impact the fund's investment strategy and portfolio.
- The decision is pending and no specific timeline has been provided.