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KLP Exclusion List Grows, Saudi Aramco Named

Norway’s largest pension company Kommunal Landspensjonskasse (KLP) and the KLP Mutual Funds (KLP) have decided to exclude several companies from its investment universe on the basis of what it says was a due diligence assessment of companies listed on stock exchanges in Saudi Arabia, Qatar, the United Arab Emirates, and Kuwait (the Gulf States). KLP…

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