China’s burgeoning economy has long made it popular with foreign investors, including pension funds. At the end of 2020 two funds, ABP and Pensioenfonds Zorg & Welzijn, had over €31 billion invested in China. But reports of serious human rights abuses in Xinjiang province have posed a dilemma: should the funds focus on their profits, or their reputations? FTM investigated what the Netherlands’ 24 biggest funds are doing in China.
Pepijn Keppel & Tom Claessens
Football transfers are a shady business. A player is often in the dark whether his agent is indeed representing him in his contract negotiations, or is representing a football club. Unbeknownst to the players, agents earn millions. The players feel betrayed and badly done by, and all parties accuse one another. ‘There’s a lot of smoke in this transaction.’