Wednesday, April 11, 2007

Norway says excludes DRD Gold from $300 bln fund

(Reuters) - Norway said on Wednesday that it had excluded South African DRD Gold Limited from a huge $300 billion pension fund for environmental reasons.

The Government Pension Fund -- Global, commonly known as the "oil fund", invests Norway's oil and gas wealth in foreign stocks and bonds to save for future generations. It is one of the world's biggest pension funds.


Read more at Reuters Africa

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