Fund managers slam doors on Russia, several ban buying equities

Danish fund managers are reducing their exposure to Russia, but is holding back from a fire sale. BankInvest has now banned equity purchases as well as buying corporate or government bonds.
Hungarian army members stand guard as people flee from Ukraine to Hungary, after Russia launched a massive military operation against Ukraine, in Vasarosnameny, Hungary, February 25, 2022. REUTERS/Bernadett Szabo | Photo: BERNADETT SZABO/REUTERS / X02784
Hungarian army members stand guard as people flee from Ukraine to Hungary, after Russia launched a massive military operation against Ukraine, in Vasarosnameny, Hungary, February 25, 2022. REUTERS/Bernadett Szabo | Photo: BERNADETT SZABO/REUTERS / X02784

After the invasion of Ukraine last Thursday, Denmark’s fund management companies are starting to reduce their exposure to Russia.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading