PFA's Defence Investments Reach €1bn
PFA, Denmark's largest commercial pension provider, has seen a significant increase in its defence sector investments since the start of the Russia/Ukraine war.
The pension fund's defence investments have grown from DKK793m to DKK7.7bn (€1bn), representing a 872% increase over the past three and a half years.
"When the world develops, PFA does the same, and that's why we're now investing much more in defence than we have before." - Rasmus Bessing, Director of Responsible Investments
- European defence investments have grown the fastest, with a 1,650% increase over the same period.
- PFA's total assets under management are DKK700bn, with the defence sector now representing a significant portion.
Author's summary: PFA's defence investments have increased to €1bn.
More News
- Jets have reportedly made final decision on Garrett Wilson after Breece Hall’s trade request
- Canada's immigration system is lost in the bushes
- What's on the ballot in the first general election since Donald Trump became president
- Palantir CEO claims company is first to be 'completely anti-woke,' backs Trump admin's bombing of drug boats
- Toronto Tempo Wins the Sandy Brondello Sweepstakes
- Mexican Authorities Suspect That Mayor Was Killed By The Jalisco Cartel: Report
- "Moore keeps redistricting push alive in Maryland amid national map fights" #ELB
- PSG v Bayern Munich team news: Confirmed line-ups as holders face huge early test
- David and Victoria Beckham Just Got New Titles Courtesy of King Charles
- The Home Depot Names Growscape Its 2025 Outdoor Garden Partner of the Year