The fund held stock in 61 Israeli companies at the end of June this year, although public pressure to terminate the contracts has been mounting.
Breakdown
- Norway's sovereign wealth fund sold shares in 11 Israeli companies due to concerns over Gaza.
- The divested firms were not part of the Norwegian Finance Ministry's equity benchmark index. 23s
- The fund will end relationships with external managers for Israeli investments and manage them in-house. 27s
- Management cited the humanitarian crisis in Gaza as the reason for the decision. 38s
- The fund plans to strengthen due diligence and increase monitoring of Israeli investments. 1m 11s