• randomname@scribe.disroot.org
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    4 days ago

    Norway’s sovereign wealth fund - the Norges Bank Investment Management, a subsidiary of Norwegian central bank Norges - is the fund this article is about.

    They now do also all their Israeli-related investment in-house, btw, meaning that all investments that have been managed by external managers in Israel are now managed by Norges’ internal portfolio managers (additon: they are terminating contracts with external managers in Israel. So this is a process, but the decision has been made).

    • PissaIFrysern@discuss.tchncs.de
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      4 days ago

      Are you confusing the name of subsidiary? Thinking it’s name is something like Norges - Bank Investment Management?

      It’s actually Norges Bank - Investment Management, which would translate to Bank of Norway - Investment Management. Because, you know, it manages investments.

      As a Norwegian I can safely say no one in Norway calls our central bank Norges, it is only called Norges Bank. Calling it Norges in Norwegian would be like calling it Norway’s in English. Norway’s what? Call it Norges Bank, Bank of Norway, Norwegian central bank. Just not Norges, because that name does not make sense.