Danish pension funds hold controversial equities

A survey of the pension funds' equity holdings finds that DKK 42bn (EUR 5.6bn) of pension savings are invested in companies that are suspended by one or several pension funds.

Photo: Bax Lindhardt/Ritzau Scanpix

Over DKK 42bn of pension savings are invested in companies that one or more Danish pension funds think are so controversial that they have suspended them and removed them from their investment universe, reports Danish daily Information based on an investment survey pertaining 17 of Denmark's largest pension funds.

Therefore, there could be billions of kroner invested in companies that should have been suspended, says Helle Munk Ravnborg, chairwoman of ActionAid Denmark.

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