Pension

As an investor in more than 70 Israeli companies, oil fund monitors conflict situation

Commenting on the Israel-Hamas conflict, the head of media and internal communications at Norges Bank Investment Management says that the oil fund’s investment strategy is unchanged.
The Israeli army fires rounds near the Gaza border. Norway's oil fund is monitoring the conflict situation in Israel where it has investments in more than 70 companies. | Photo: Jack Guez/AFP/Ritzau Scanpix
The Israeli army fires rounds near the Gaza border. Norway's oil fund is monitoring the conflict situation in Israel where it has investments in more than 70 companies. | Photo: Jack Guez/AFP/Ritzau Scanpix
by KIM WIESENER

Norges Bank Investment Management (NBIM), known as the manager of Norway’s gigantic oil fund, remains invested in a number of Israeli companies after the serious escalation in the conflict between Israel and Hamas.

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