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NNPensii sold its Wirecard stake before fraud scandal broke

NN Pensii, the biggest private pension fund manager in Romania, says it respected all legal requirements when it decided to invest in the financial technology company Wirecard, now at the center of the biggest fraud scandal in Germany. The pension funds managed by NN didn't hold any more Wirecard shares in their portfolios at the beginning of May and were not affected by the recent fraud scandal that sent the Wirecard share price down over 80%, according to the ...

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