Dutch pension giant ABP to overhaul portfolio


The new policy could cut the number of companies in ABP’s portfolio in half, says investment director Dominique Dijkhuis. — Reuters

AMSTERDAM: ABP, the largest Dutch pension fund with around 500bil euros (US$530bil or RM2.3 trillion) in assets, expects to cut a large number of companies from its portfolio, as it aims to limit investments to those that make a real effort to become climate-neutral.

The new policy could cut the number of companies in ABP’s portfolio in half, investment director Dominique Dijkhuis told Dutch financial daily FD in an interview.

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ABP , portfolio , overhaul , disposals

   

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