Norway’s $2 Trillion Fund to Sell Off More Israeli Companies

Norway’s $2 trillion sovereign wealth fund announced it is selling more Israeli companies in its latest move to address the public uproar over its investments linked to the war in Gaza.

The fund’s board decided on Aug. 8 to divest six companies on recommendations from its external ethics council at the end of June and the beginning of July, the Norges Bank Investment Management said in a letter to the Finance Ministry on Monday. Another six “smaller” companies have been sold since Aug. 11, it said, without naming any of the firms.