Danish pension fund puts 11 of its portfolio stocks under scrutiny due to military links

Danish pension fund puts 11 of its portfolio stocks under scrutiny due to military links

The Danish pension fund P+ revealed it has put 11 of its portfolio stocks under close scrutiny regarding their business links to the military regime in Myanmar following the coup at the beginning of February, and may divest them, ipe.com reported.

P+, which describes itself as a pension fund for those with higher academic qualifications, published a list of its holdings it said had business links to the dictatorship in Myanmar, including Hilton Worldwide Holdings, Italian energy company Eni and Japanese telecoms firm KDDI.

The pension fund said its total investment in the companies amounted to around DKK131m (€17.6m).