Volkswagen troubles: also the investors smell blood…

Posted on 08-11-2015 at 16:22 by mauritsh – 67 Comments”

… and want money.

The VAG empire seems zoetjesaan as a house of cards to lazeren. Rightly or wrongly, there are more and more actors to the fore who believe that they are in any way affected by the autoreus and they do not want with the damage left behind. Also Nordea, a Swedish based investment company with a portfolio of about 190 billion euros.

The company is preparing legal action for, and is the first large asset manager that is Volkswagen the fire, the shins are going to put. According to Nordea, it should not be such that investors roll with the punches catch after the fiddling of VW. If you consider that the share price of Volkswagen, there is not particular florissant argues, this may be possible.

Nordea managed half a million shares in VW at a value of 80 million euros before the shit was, but, in the meantime 90% of the shares of the hand done. In addition, the managers of the investment company, no new shares of Volkswagen stock.

However it seems that the Dutch pension fund APG to see whether legal action may be appropriate in order to limit the damage. (via: Financial Times)