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Norway wants its wealth fund to stop adding emerging markets

The world's biggest sovereign investment vehicle should follow a revamped set of guidelines that could result in a 25-30 percent reduction in the number of companies it holds, Finance Minister Jan Tore Sanner said in a speech on Friday.
Photo: Stine Bidstrup/pfpf_001.jpg
Photo: Stine Bidstrup/pfpf_001.jpg
By Lars Erik Taraldsen, Ott Ummelas and Stephen Treloar / BLOOMBERG

Norway's USD 1.3tn wealth fund may be forced to exclude a number of stocks as the government seeks to adjust the portfolio to impose the same ethical and environmental standards across its investments.

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