Friday, January 24, 2014

European pension funds increase Israel boycott pressure


According to a report in The Financial Times today, three major European pension funds with a combined total of almost €500 billion of assets are “reviewing their holdings in Israeli banks over concerns that the banks finance illegal Israeli settlements in Palestinian-occupied territories.”

The three investors are Dutch ABP, the world’s third-largest pension fund, Nordea Investment Management, and DNB Asset Management. In addition, Norwegian pension fund KLP has confirmed it will be examining “dilemmas linked to financing [of Israeli settlements]“ .... https://www.middleeastmonitor.com