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Dutch pension fund ABP sells all Alphabet and Meta shares

7 pointsby Vinnl3 months ago

2 comments

robswc3 months ago
I'd understand selling if you feel a company will under perform, but to sell because of "governance" is just silly. I would wager there is no company that would truly meet their "governance" standards if they looked into them. META is up over 100% YTD and GOOG has slightly outperformed SP500 YTD.
niemandhier3 months ago
In reality they probably expect tanking stocks due to EU retaliation measures against tariffs. They I introduced a special law during Trumps 1st turn that allows to penalize digital services as retaliation against Tarifs. Insider training is however illegal even for government funds.