London pension pool issues Russian investment edict

By Dan Peters | 17 March 2022

The pension pool tasked with managing investment funds for London’s local government schemes has instructed all managers to make no further investment in Russia.

Chief investment officer at the London collective investment vehicle, Jason Fletcher, said: ‘London CIV does not believe Russia will be an investable proposition for the foreseeable future, and that further investment is not consistent with our responsible investment policy and investment beliefs.

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