ABP and Bpf Bouw, two of the largest four pension funds in the Netherlands with over €600bn in assets between them, have sold their shares in Tesla over ESG concerns
Why wouldn’t they? Pension funds invest in everything
My pension company gives me the option to choose a risk profile to limit how they are allowed to invest my money. The safest investments aren’t always the best over time, so currently I have a medium risk which will be sloped down as I get closer to retirement.
I could also get a more direct control of their investments, but that requires a lot more time and worry than I’m willing to use.
Why would they invest in individual stocks anyway? Wouldn’t it be better to pick mutual or index funds?
Why wouldn’t they? Pension funds invest in everything
My pension company gives me the option to choose a risk profile to limit how they are allowed to invest my money. The safest investments aren’t always the best over time, so currently I have a medium risk which will be sloped down as I get closer to retirement. I could also get a more direct control of their investments, but that requires a lot more time and worry than I’m willing to use.
Well… almost everything