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Danish pension fund cuts China stock exposure

PFA, Denmark’s largest commercial pension fund, has exited two Chinese clothing manufacturers and is discussing how to handle its other China holdings amid an evolving risk environment.

Rasmus Bessing, chief operating officer at PFA Asset Management | Photo: PR/PFA

The Copenhagen-based pension fund PFA, which manages about USD 100bn in assets, has sold out of Anta Sports Ltd. and Li Ning Co., Rasmus Bessing, chief operating officer at PFA Asset Management, said in an interview.

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