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The National (Scotland)
The National (Scotland)
National
Beulah McGeachie

Major Scottish pension fund is invested in Israeli 'war bonds', filings show

Israeli prime minister Benjamin Netanyahu's government ramped up its issuance of bonds to fund its war on Palestine (Image: Archive)

A SCOTTISH pension fund, one of the largest in the UK, is invested in Israeli “war bonds”, The National can reveal.

The latest asset list from the Strathclyde Pension Fund (SPF) – which controls around £34 billion and is ultimately run by Glasgow City Council – lists a £1.24bn stake in investment manager PIMCO’s Dynamic Bond Fund.

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