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London Pension Fund Faces Calls to Divest from Controversial Firms

10/10/2025

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Story summary
  • Shake the CIV reports London's £34bn pension fund holds £7bn in companies linked to Israel's human rights abuses.
  • The London Collective Investment Vehicle (LCIV) manages pensions for about 700,000 Londoners.
  • Over £1bn is invested in arms makers, including £10m in Elbit Systems.
  • Councillor Liam Shrivastava calls for divestment from genocide-linked firms; LCIV says £6.5bn of £7bn is in passive strategies.