BBC has Netflix stake

BBC has Netflix stake

BBC Netflix stake

The BBC holds stakes in rival video streamer Netflix, as well as in other tech majors. The BBC pension fund has a £23m holding in Netflix, as well as £48m in Amazon and £35m in Facebook, according to  the fund's latest annual report.

Also listed among the 20 largest holdings in the pension fund’s annual report is high-profile EV maker Tesla, along with Nvidia, a leading light in artificial intelligence, and genetic technology outfit Illumina.

Plus there’s an Asia streak in the portfolio that includes blue chips Samsung and Taiwan Semiconductor, alongside Chinese online giants Alibaba and Baidu.

The fund had net assets of £16.6bn at end-March 2018.

Image: BBC

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