Pension firms reconsider Glencore investments after bribery sentence
Several Danish pension funds are reassessing their investments in Glencore, heavily penalized earlier this week due to oil-related corruption in Africa.
BY ASKE MUFF, FINANSWATCH, TRANSLATED BY KRISTOFFER GRØNBÆK
Danish pension providers PFA, Velliv and Sampension all have shares in Swiss commodity trader and mining company Glencore, which recently was handed a major penalty due to corruption, writes business media Finans.
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