Lothian Pension Fund ends minimal exposure to Russia

Russian investments were always ‘risky’ according to chief executive

clock • 2 min read
LPF has ended its exposure to Russian investments following the invasion of Ukraine
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LPF has ended its exposure to Russian investments following the invasion of Ukraine

Lothian Pension Fund (LFP) has addressed the impacts on its investment portfolio following Russia’s invasion of Ukraine.

Prior to the invasion in February, the Local Government Pension Scheme fund held two Russian securities (Sberbank and VK) which were valued at 0.01% of their diversified portfolio of assets. A review carried...

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