Comments on: Norway’s New Focus: Water

By: CIC Going Green? « Oxford SWF Project

CIC Going Green? « Oxford SWF Project — Thu, 19 Nov 2009 19:17:32 +0000

[...] up? Is the CIC following Norway’s lead and adding environmental investing to its remit? I don’t think so. For a company that has [...]

By: Vision Offers Alternative Perspective « Oxford SWF Project

Vision Offers Alternative Perspective « Oxford SWF Project — Thu, 20 Aug 2009 19:44:47 +0000

[...] SWFs should waive their rights to vote their shares and accept directorships. After reading about Norway’s recent expansion of its active investor program, I think this is a fair [...]

By: Ashby Monk

Ashby Monk — Tue, 18 Aug 2009 13:06:17 +0000

Yeah, GPF-G’s policy kind of reminds me of CalPERS activist approach. I guess if you own 1% of the global stock market, you have the capacity to make change on various levels. Thanks for the comment.

By: rien huizer

rien huizer — Tue, 18 Aug 2009 11:14:29 +0000

Noble and intriguing. The economic rationale seems a bit farfetched though. Though it does not look like Norway is going to sell all of its stock in sinners, just vote. Since it will always be a minority shareholder, that vote is unlikely to change anything. Also, should the economic rationale hold, it will only do so in the long term. Small stakes allow a relatively opportunistic exist and, in a way an opportunity to a sort of free ride: others with less mobile stakes will have less opportunity to exit opportunistically. Noble and still efficient. Clever.