Church of England joins investors exiting Russian assets By Reuters

© Reuters.

LONDON (Reuters) – Church commissioners and the Church of England Pensions Board said they asked fund managers on February 24 to sell their direct stakes in Russian companies in response to the attack on Russia against Ukraine.

The church also said it would no longer invest in Russian companies.

“Before the investigation, holdings in Russian corporate portfolios represented approximately 0.16% of total investments. No investments were held in Russian sovereign debt,” a spokesperson said Monday.

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