Norway's trillion-dollar sovereign wealth fund plans to dump oil and gas companies from its benchmark index, the finance ministry announced on Friday.
div > div.group > p:first-child"> The move is designed to reduce the aggregate oil price risk in the Norwegian economy, Finance Minister Siv Jensen said in a statement on its website.
After a strong start to 2019 for stocks, the Norges Bank website said late last month that the fund is currently valued at $1.03 trillion.
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