Monday, July 21, 2008

Norway's Sovereign Wealth Fund and Ethical Investing

It's always nice to think that you could maintain an investment portfolio while strongly taking ethics and social justice into account. Apparently Norway is doing just that. It's pulled out of Wal-Mart (labor issues), BAE Systems (nuclear weapon production), and almost two dozen other companies whose behaviors it has found wanting. And yet it's worth almost $406 billion. Nice work if you can get it ... and, apparently, you can.

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