More than 94% of respondents to the Global Pensions 100 Panel said they had no intention of taking legal action against BP to recoup losses to their investments following the Gulf of Mexico oil spill.
Pension funds around the world have suffered losses from a 51% drop in BP's share price after the April explosion and subsequent spill, with a recent report by Bloomberg suggesting 42 pension ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
