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Marina Schwarz

Denmark Pension Fund Dumps Oil, Gas Stocks

Marina Schwarz in Markets & Trading

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Marina Schwarz    + 1,576

Marina Schwarz

Danish pension fund PKA is divesting from 35 oil and gas companies, so this is turning into a definite trend. PKA is already actively investing in renewables and exited 70 coal companies earlier. Still, it's got just $46 billion under management, unlike Norway's fund, which as $1 trillion.  

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