Norway wealth fund terminates Israel asset management contracts – Middle East Monitor

Norway’s $2 trillion sovereign wealth fund said on Monday it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank, Reuters reports.

The announcement follows an urgent review launched last week following media reports that the fund had built a stake in an Israeli jet engine group that provides services to Israel’s armed forces,…