AMWatch

Danish pension funds hold equities in weapon suppliers to Saudi Arabia

Putting aside the fact that Saudi Arabia is suspected to commit war crimes in Yemen, 14 of the 17 largest Danish-based pension funds have invested in companies that supply military equipment to the Saudi kingdom.

Photo: HOE TUE/RITZAUSCANPIX/arkiv

Whereas the Danish government has suspended its weapon export to Saudi Arabia, Danish pension funds invest a lot of money in foreign weapon behemoths that supply military equipment to the kingdom.

In total, the Danish pension funds hold equities of at least DKK 1.13 billion (EUR 151m) in companies that supply military equipment and technical services to Saudi Arabia, according to daily newspaper Information's investigation of 17 of the largest pension funds.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Savills IM working hard on first Nordic residential investment

The global property investor has plans to expand its growing portfolio in Denmark with a new asset class, residential real estate, "very soon," says Head of Nordics Peter Broström. The manager still believes in the office and retail sectors, despite the pandemic and rising inflation.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch