Norway wealth fund to intensify screening of companies, says CEO

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By Hardik in Business
Updated 3 years ago

OSLO, May 3 (Reuters) - Norway's $1.3 trillion sovereign wealth fund, the world's largest, will raise the bar on which companies will be included in its portfolio, the fund's CEO said on Monday. "We will now be doing more screening in advance of small companies, before they are included in the portfolio," fund CEO Nicolai Tangen said in prepared remarks to the Norwegian parliament's finance committee.

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