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Norway’s oil fund sells out of Warren Buffett-owned utility

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The world’s largest sovereign wealth fund has taken aim at Warren Buffett’s energy companies, excluding one from its portfolio and putting two others under observation because of their use of coal. Norway’s $1tn oil fund has sold out of the bonds of US utility PacifiCorp while it has placed its parent company Berkshire Hathaway Energy…

Please visit http://www.businessdayonline.com/financial-times/article/norways-oil-fund-sells-warren-buffett-owned-utility/ to access this member content.

The post Norway’s oil fund sells out of Warren Buffett-owned utility appeared first on BusinessDay : News you can trust.

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