Cross-party group expresses unease about the fund’s stake in HSBC, which has held shares in Moscow’s oil and gas giants
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Trustees of the pension fund for members of parliament have agreed to sell all investments linked to Russia after a cross-party group of more than 60 MPs raised concerns about connections to Russian oil and gas companies.
The trustees met last Thursday, having received the MPs’ letter, and agreed to act immediately to ensure the fund was cleansed of both direct and indirect Russian interests.
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