It’s kinda funny, but the one thing you did nitpick is wrong. Pension funds do invest in stocks/bonds/etc. The biggest issue with calling it a pension fund is that it’s not for retirement. But by all accounts it’s just a sovereign wealth fund though. The tricky part of the language is they aren’t just voting on a wealth fund, but the regulations on the fund too.
It’s kinda funny, but the one thing you did nitpick is wrong. Pension funds do invest in stocks/bonds/etc. The biggest issue with calling it a pension fund is that it’s not for retirement. But by all accounts it’s just a sovereign wealth fund though. The tricky part of the language is they aren’t just voting on a wealth fund, but the regulations on the fund too.