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Insider UK
Insider UK
Politics
Peter A Walker

Scottish Parliamentary Pension Scheme sells Russian equities

The trustee chair of the Scottish Parliamentary Pension Scheme has confirmed that all its Russian equity investments have either been sold, or are in the process of being sold.

As the Russian invasion of Ukraine intensified last week, a request was made to divest Russian holdings from the scheme for MSPs.

Pauline McNeill, chair of the trustees, wrote to fund manager Baillie Gifford seeking immediate divestment from Sberbank, and any other holdings in Russian companies.

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