AMWatch

CIP gags pension funds over returns and costs

In order to invest with Copenhagen Infrastructure Partners (CIP), pension funds have been forced to sign non-disclosure clauses, writes Danish weekly newsletter Økonomisk Ugebrev.

Carsten Tanggaard, Danish professor of finance at Aarhus University. | Photo: Jens Henrik Daugaard/ERH

Copenhagen Infrastructure Partners (CIP) has imposed clauses on their investors meaning they cannot reveal returns and costs concerning their investment with the EUR 19bn energy infrastructure investor.

Danish state labor market pension fund ATP has confirmed to Danish weekly financial newsletter Økonomisk Ugebrev that it has signed non-disclosure clauses. Other pension funds involved with CIP also confirm that they have signed non-disclosure clauses as a condition for investing in one of CIP’s funds.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Pensions sector responds to "unnuanced" carbon report

In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch