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Bristol Post
Bristol Post
National
Estel Farell Roig

Avon Pension Fund has more than £130,000 invested in Russian firms

The pension fund for council employees across the Bristol region has more than £130,000 invested with Russian companies.

Last month, the Avon Pension Fund released a statement about this, describing the exposure as "negligible" and saying that it would divest all of these investments "as soon as possible". Information obtained by BristoLive via a Freedom of Information request has revealed the exact amount being invested.

Bath and North East Somerset Council - who administer the pension fund - said the latest available data from March 8 showed that £135,000 was invested invested in firms with Russian links. It said this amounts for 0.002 per cent of the total assets.

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