Norway's KLP bans alcohol, gambling investments from pension funds

Betsson AB

28/05/2019 06:35

OSLO, May 28 (Reuters) - KLP, Norway's largest pension fund,
will no longer invest in gambling companies and alcohol makers,
and recently sold stocks and bonds in such firms worth some $320
million, it said on Tuesday.
    The decision affects around 90 companies, which have been
added to KLP's exclusion list alongside industries it previously
divested from, including tobacco firms, certain weapons makers
and those involved in the mining or usage of coal.  urn:newsml:reuters.com:*:nL5N22J7BG

 (Reporting by Terje Solsvik; Editing by Subhranshu Sahu)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters
Messaging: terje.solsvik.thomsonreuters.com@reuters.net))