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NEWS: Norway wealth fund’s watchdog to probe shoemakers, crypto firms over ethics in 2025

By Gwladys Fouche

THE Norwegian sovereign wealth fund’s ethics watchdog will next year investigate shoemakers, crypto firms and gambling operators in which the fund has holdings for potential ethical breaches, which could lead the influential investor to sell its shares.

The world’s largest sovereign wealth fund, which owns 1.5% of listed shares across 8,700 companies globally, operates under ethical guidelines which are set by Norway’s parliament.

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