Tag Archives: Ignites

Published by Ignites. By Beagan Wilcox Volz April 2, 2013 Fidelity faces an anti-genocide shareholder proposal on six of its mutual funds at a May 14 shareholder meeting. But the firm will omit the proposal for two other funds because the individuals who submitted the item in 2009 and 2010 no longer hold …
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Published by Ignites. By Joe Morris March 14, 2013 Franklin Resources shareholders have voted down a shareholder proposal to bar most investments in companies involved in genocide. A company spokesman said the vote failed to garner a majority, but Franklin will not disclose the tally until it makes a regulatory filing on the …
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Published by Ignites. By Peter Ortiz January 28, 2013 An investment advocate group is targeting 13 Franklin Templeton funds and parent Franklin Resources, claiming that of all fund firms, it owns the most shares of a Chinese oil company tied to genocide in Sudan. The firm is the latest fund manager …
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Published by Ignites. By Joe Morris July 2, 2012 Shareholders in an ING fund have approved a measure opposing genocide-linked investments in what backers say is the first such vote in which company officials took a neutral position. The decision at ING’s Emerging Countries reflects the unskewed sampling of investor sentiment …
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Published by Ignites. By Peter Ortiz May 17, 2012 ING Funds has lost its fight to exclude a shareholder proposal for a stricter anti-genocide policy from its proxy. The SEC in early May rejected the firm’s pleas that the agency forgo enforcement action if ING omitted the proposal. ING sought assurance …
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Published by Ignites. By Joe Morris March 30, 2012 The advocacy group Investors Against Genocide is focusing on fund managers and other institutional investors in a proxy campaign at JPMorgan Chase. The group, which protests investment linked to ethnic fighting in Sudan, is funding advertisements and mailings to JPMorgan’s institutional investors …
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Published by Ignites. By Peter Ortiz March 12, 2012 ETF behemoth iShares has registered a new exchange-traded fund focused on screening out investments tied to human rights abuses. The iShares Human Rights Index Fund aims to exclude companies with economic ties to a wide swath of human rights crimes, including acts …
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Published by Ignites. By Peter Ortiz  April 1, 2011 A recent SEC ruling gives an investor advocate group that has long targeted funds it claims have investments tied to genocide the green light to go after the corporate parents of those funds. The Securities and Exchange Commission’s ruling against JPMorgan …
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