Stoltenberg Seeks Ethical Rules for $1.8 Trillion Oil Fund Tech Bets
Updated
Updated · Bloomberg · Jun 2
Stoltenberg Seeks Ethical Rules for $1.8 Trillion Oil Fund Tech Bets
2 articles · Updated · Bloomberg · Jun 2
$1.8 trillion Norway's Oil Fund needs ethical guidelines that still allow investment in major technology companies, Finance Minister Jens Stoltenberg said at a Bloomberg Newsmakers event on Tuesday.
Stoltenberg framed the rules as necessary to keep the fund invested in big tech while setting clearer standards for how those holdings are assessed.
The comments point to a policy balancing act for one of the world's largest sovereign wealth funds as technology giants remain central to global equity markets.