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Northern Ireland tobacco investments

I’ve been checking the scale of investments by the Northern Ireland Local Government Pension Scheme, using their published list of shareholdings dated 31 March 2013.  Note that this does not include any bond holdings or pooled investments.  Here are the numbers:

  • Company                              Equity             Valuation
  • Altria                                      76,300            £1,726,553
  • British American Tobacco     1,703,168      £60,070,735
  • Huabao Intl                            603500          £172,031
  • Imperial Tobacco                   485,478         £11,156,284
  • Japan Tobacco Intl                 337,200         £7,085,826
  • Lorillard                                 96,990           £2,576,08
  • Philip Morris Intl                   47340            £2,890,706
  • Total valuation     £85,678,843

This is around 2% of the total fund valuation.

Meanwhile around 2300 people in Northern Ireland are killed every year by smoking.  To put that into perspective the number of people killed in the troubles was under 3600 in total.

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