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Divesting From Russia Proves Complicated for Pension Funds
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wsj.comPension 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
Gramercy Funds CIO on emerging markets investing amid the Russia war, including Ukrainian bonds cnbc.com /2 years ago
Investors puzzled over owed funds from Russia’s bond payment via Citi fnlondon.com /2 years ago
Rishi Sunak accused of imposing £21bn ‘stealth tax’ on UK workers theguardian.com /2 years ago
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