Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Jens Munch Holst, CEO at Akademikerpension | Photo: Peter Hove Olesen

Akademikerpension has chosen to exclude more than 200 utility companies from its investment universe and is currently divesting shares and bonds held in the companies, Danish financial daily Børsen reports.

"We have previously excluded companies that extract fossil fuels -- especially coal and tar sands. Now, we have got to the point where it cannot be right that the companies that provide us with electricity use coal to do so," Jens Munch Holst, CEO at Akademikerpension, tells the media.

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

Evli Q1 more impacted by markets than outflow

The market turmoil in the first three months of the year has had more of an effect on Evli than outflows, though the fact that international investors have pulled out of Evli’s corporate bond fund has been felt.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch