Norway's $2 trillion sovereign wealth fund said on Monday it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank.

Norway’s sovereign wealth fund ends asset management deal with Israel-linked firm, citing investment and policy concerns.

Norway’s $1.9 trillion sovereign wealth fund has divested from 11 Israeli companies and is terminating all contracts with external managers in Israel following public outcry over its investments linked to the war in Gaza.