In a victory for advocates of „socially responsible“ investment, one of the world’s largest pension funds said it has dumped its stock holdings in companies that make land mines. In addition, the Netherlands‘ ABP (assets €209 billion) said in a statement it will reveal its entire stock portfolio of around 3,000 public companies when it publishes its annual report April 12. „We had already decided to go this route,“ ABP spokesman Thijs Steger said. „That plan has been a little accelerated now.“ Unlike in the United States, where large mutual and pension funds have been required to publicly disclose their investments since the 1970s, European funds have no such obligation, and few do.

Link to Herald Tribune

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