Dutch pension fund terminates partnership with BlackRock in the United States.
The Dutch PFZW Fund announced on the 3rd that it will withdraw about 14 billion euros from the US company BlackRock. As one of the largest pension funds in Europe, the PFZW Fund manages assets of over 248 billion euros for more than 3 million Dutch medical personnel. According to a statement from PFZW, it will terminate a significant contract with the world's largest asset management company BlackRock and liquidate its holdings in thousands of companies' stocks.
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