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21.03 - 20:55
Divesting From Russia Proves Complicated for Pension Funds
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Pension funds around the world are reviewing their investments in Russia’s energy, banking and mining sectors in the wake of the country’s invasion of Ukraine.
Norway’s largest pension fund, KLP Group; Denmark’s AkademikerPension; and retirement systems in Connecticut and Rhode Island have announced plans to dump their holdings in Russia. Other U.S. pension funds from New York to California are taking stock of their Russia investments amid debate over whether teachers’ and firefighters’ retirement savings should be tied up in a country waging war on its neighbor.
Read more on wsj.comAbout this in other media
Boris Johnson going ‘from dictator to dictator’ for oil, says Starmer theguardian.com /2 years ago
Citigroup joins Goldman, JPMorgan and Deutsche in pulling back from Russia fnlondon.com /2 years ago
Dentons to split from Russia offices over Ukraine invasion fnlondon.com /2 years ago
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