Helsinki Capital Partners decides to hold on to Facebook following the deletion of fake accounts

The Finnish boutique fund manager notes that social media is an industry in its infancy, which institutional investors can still shape. Historically, the introduction of new forms of media has triggered suspicion and even moral panic, portfolio manager Ernst Grönblom says to AMWatch.
Ernst Grönblom has been at Helsinki Capital Partners since October 2009. | Photo: PR
Ernst Grönblom has been at Helsinki Capital Partners since October 2009. | Photo: PR
Reeta Paakkinen

Helsinki Capital Partners, the Finnish boutique fund manager, has decided to keep Facebook in its portfolio after a thorough analysis of the company's ESG record, HCP's portfolio manager Ernst Grönblom says.

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