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Gazprom’s pension fund is one of the latest Russian assets to come under fire from UK funds looking to disinvest in the country. The pension fund, which is worth around $13 billion, has been accused of being used to finance Gazprom’s activities in Ukraine. This comes as UK funds are increasingly looking to disinvest from Russia amid concerns over the country’s political and economic stability.

Gazprom’s pension fund

As the tensions between Russia and the West continue to escalate, many UK pension funds are looking to disinvest in Russian assets. Gazprom, Russia’s largest gas producer, is one of the companies that could be affected by this shift.

Gazprom’s pension fund is one of the largest in Russia, with over $20 billion in assets. However, due to the current political climate, many UK pension funds are reconsidering their investments in Gazprom. If more UK pension funds disinvest from Gazprom, it could put pressure on the company’s stock price and make it difficult for Gazprom to raise capital in the future.

Although it is still unclear how the current situation will play out, it is clear that UK pension funds are becoming increasingly wary of investing in Russian companies. If Gazprom’s pension fund is impacted by this trend, it could have far-reaching implications for the company’s future.

UK funds look to disinvest in Russian assets

In the wake of the Salisbury poisoning incident, several UK pension funds have already announced plans to sell off their Russian holdings. The £15 billion Local Government Pension Scheme (LGPS), for example, has blacklisted Gazprom – the Russian state-owned energy giant – as an investment destination.

Other UK pension funds are also reconsidering their exposure to Russian assets. The £26 billion Universities Superannuation Scheme (USS), for example, is currently reviewing its investments in Russia.

The growing disenchantment with Russian assets among UK pension funds is a reflection of the deteriorating diplomatic relations between the two countries.

The UK’s decision to take a hard line against Russia has put pension funds in a difficult position. On the one hand, there are concerns about investing in a country that is seen as increasingly hostile to the UK. On the other hand, many pension funds have significant holdings in Russian companies.

Gazprom’s investment strategy

Gazprom’s pension fund is one of the largest in the world, and it has been investing heavily in Russian assets. However, with the recent political tensions between Russia and the West, many UK pension funds are looking to disinvest in Russian assets.

Gazprom’s pension fund is one of the many Russian state-owned enterprises that have been used to funnel money to Vladimir Putin and his allies. The fund has been used to purchase assets in Russia and abroad, including a stake in an Italian bank and a Russian oil company.

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