Dutch pension funds and other institutional investors are pulling their cash out of weapon manufacturers rapidly, reports Tuesday’s Financieele Dagblad.
In total, €435bn in combined assets are now invested in firms which do not produce weapons. This is 815% higher than in 2005, the paper reports. The move indicates that investors are sensitive to public opinion, the FD says.
Last year the tv programme Zembla revealed that many Dutch investors were involved with companies that make cluster bombs and land mines.
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