Dutch fund PGB takes ethical route

The pension fund for the Dutch printing industry has appointed UK-based Threadneedle Asset Management as part of its €200m ($278m) socially-responsible investment programme, as investors continue hand mandates to SRI managers and diversify their portfolios.

Pensioenfonds voor de Grafische Bedrijven, the €9.7bn pension scheme for the Dutch printing industry, has earmarked a 2% allocation for funds that target ethically-sound returns.

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