The HPF has decided to add investments in Russia to the exclusion list. As a result of this decision, the remaining investments in Russia will be sold as soon as possible and no new purchases will be made. In the case of investment funds, the HPF has no direct control over the investment policy of the investment funds concerned. Therefore, HPF will engage with the asset managers regarding the decision of HPF.
The HPF will continue to closely monitor developments.
Read our previous news item about investments in Russia here.
The Accountability Council (AC) at the Heineken Pension Fund consists of representatives of employees, employers and pensioners. Currently there is a vacancy in the AC for a member on behalf of the employees. The vacancy arose because the AC member is nominated as a member of the board of the Heineken Pension Fund. The documentation is in Dutch. Therefore it is important that Dutch can be read/understood.
The import tariffs announced by the United States caused declines on the stock markets. Many reports about this appeared in the news last week. We can imagine this raises questions.
In 2024, we will have achieved a 12.6% return by investing the pension assets. With this result, we are in the top three of the more than 170 pension funds in the Netherlands that were surveyed by consultants from OverRendement and Bell.