SWF Radar

Norway oil fund exits Rio Tinto on ethical grounds

Posted by Editor on September 09, 2008 at 07:16 AM

Thomson Reuters reports that, “Norway on Tuesday excluded iron ore miner Rio Tinto from its $375 billion (212.5 billion pounds) sovereign wealth fund [the Government Pension Fund-Global] due to environmental concerns over its activities, as part of its drive for ethical investment.”

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