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Norway wealth fund to step up renewables investment
2014-03-14 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Norway Prime Minister Erna Solberg this week announced that the country is to use its $920bn sovereign wealth fund to drive investment in renewable energy projects, confirming that it is to increase its exposure to clean energy companies. Solberg said the country's pension fund, which has been built on the country's oil wealth and is now one of the world's most powerful institutional investors, will expand its holdings in renewable energy interests. A full announcement on the extent to which the...
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investment
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norway
Norways oil fund ploughs forward in renewable energy investment
2014-03-14 09:45:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Norways sovereign wealth fund, the largest in the world, is set to increase its exposure to renewable energy. According to the WWF, the size of the pension fund means the move has the potential to have a global impact. Erna Solberg, Norways prime minister, confirmed measures to increase the funds investment in clean energy as part of its plan to use its wealth to combat climate change. Further details will be outlined in a report published early next month. The fund currently has around 9% of...
Tags: forward
energy
investment
oil
Ford Fund announces automotive design scholarships
2014-03-14 09:40:09| Automakers - Topix.net
The Ford Motor Co. Fund will award a $1 million grant for scholarships commemorating William Clay Ford's contributions to the automaker's design legacy.
Tags: design
automotive
ford
fund
Sovereign Wealth Fund Demand for U.S. Properties Picks Up
2014-03-10 15:14:00| National Real Estate Investor
Sovereign wealth and endowment funds, while more aggressively adding real estate to their portfolios, to date have largely pursued differing strategies. read more
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properties
demand
fund
Exclusive: Astenbeck fund jumps in February on oil rally that could help Oxy
2014-03-09 00:07:51| Energy - Topix.net
Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/2 years, boosted by a rally in crude oil that could help Occidental Petroleum 's chances of selling its stake in the fund.
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february
oil
exclusive
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