AMWatch

Industriens Pension divests Belarus

The pension company divested its government bonds issued by Belarus. This happened before the widely criticized forced flight diversion.

Belarusians living in Denmark celebrate the visit of an opposition leader to Copenhagen, Svetlana Tikhanovskaja, in 2020. | Photo: Mads Nissen

In April, pension company Industriens Pension decided to sell its holding of government bonds issued by Belarus, worth EUR 18.5m (DKK 137m), the Danish fund tells Danish daily Børsen.

Industriens Pension had kept its investments in the country for longer than others, as investors including Nordea, Akademikerpension and Bankinvest divested over the course of March. Industriens Pension justified its decision to Børsen at the time by stating that Belarus was not among the lowest rated countries in an ESG rating survey conducted by external collaboration partner Sustainanalytics.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

OP's AUM growth slows down slightly in Q2

OP Financial Group's mutual funds' AUM increased in Q2, though at a slower pace than in Q1. For the first half year of 2021 as a whole, the bank's mutual funds have attracted more than 100,000 new unitholders.

Further reading

Related articles

Trial banner

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch