Dutch pension funds dumped Asian equities in 2022

Dutch pension funds sold €9 billion ($9.6 billion) worth of Asian equities last year, driven largely by the need to post additional collateral on interest rate derivatives following global interest rate rises, according to the Netherlands’ central bank DNB. Pension funds’ sales of equities in Japan comprised €5 billion, those in Taiwan totalled €1.8 billion, Korea and India each comprised €900 million, while sales in Hong Kong and China were at €900 million each, DNB disclosed to …