Contrasts clear, public move by TIAA-CREF with Vanguard’s “toothless” human rights stance Boston, MA – January 4, 2010 – Demonstrating a clear commitment to genocide-free investing, TIAA-CREF announced today that it has sold all of its holdings, worth $58 million as of September 30, in four companies tied to the […]
Author Archives: Eric Cohen
TIAA-CREF Becomes the First Big Fund Firm to Divest From Sudan
Published by Mutual Fund Wire. By Patricia Kelly While Fidelity and Vanguard failed to step up to the plate, TIAA-CREF emerged as the first large U.S. fund firm to take up the banner of the anti-genocide investment cause, revealing on Monday that the firm sold stakes in four Asian oil […]
BGI Developing Genocide-Free ETF
Published by Ignites. By Luisa Beltran Barclays Global Investors is developing an exchange-traded fund that is genocide-free, representing a win for a Boston advocacy group that has been lobbying fund firms to divest their Sudan ties. BGI, the nation’s largest provider of ETFs, says it will rely on a reputable […]
Blood Money on Wall Street
Published by the Wall Street Journal. U.S. Fund Companies Need to Take a Stronger Stand for Human Rights By DAVID WEIDNER If there’s anything in life more important than money, it’s how we treat our fellow men and women in this world.Given the choice, we would reject profiting from criminal […]
Vanguard’s shame
Published by Marc Gunther. Harvard, Yale and Stanford did it. So did the pension funds of 27 states, including California and New York. And investment firm TIAA-CREF. So why won’t Vanguard, the big mutual fund company, agree to use its influence to get big companies to stop supporting the genocide […]
Vanguard Shareholders Vote on Genocide-free Investing Proposal
Voters misled by Vanguard’s statement of opposition says IAG’s Cohen Boston, MA – July 2, 2009 – At today’s Vanguard shareholders meeting, results were announced on votes cast by millions of Vanguard customers on adopting a policy to prevent Vanguard from investing their savings in companies that substantially contribute to […]
Big Fund Firms Starting to Screen on Human Rights
Published by AP. By Mark Jewell — AP Personal Finance Writer BOSTON (AP) — The financial disclosures investors get in the mail from mutual fund companies don’t normally capture Nancy Prindle’s attention. Then again, the dry brochures rarely delve into anything as gripping as the bloodshed in Sudan’s Darfur region […]
Group: Vanguard misled on investing
Published by Boston Globe from Bloomberg News. By Christopher Condon Bloomberg News / April 14 Vanguard Group Inc., the largest US manager of stock and bond mutual funds, has been accused by an advocacy group of misleading investors with its policy aimed at curbing human rights abuses. Investors Against Genocide, […]
TIAA-CREF Commits to Genocide-Free Investing in Sudan
Published by Social Fund. Sustainability Investment News by Robert Kropp Decision to engage petroleum companies whose operations support genocide in Darfur, and to divest if progress is not made, is applauded by Investors Against Genocide. SocialFunds.com — The five years of conflict in the Darfur region of Sudan have left […]
Sudan divestment campaigns gain momentum
Published by International Herald Tribune. By Holly Hubbard Preston A study to be released Tuesday provides statistical evidence of what many advocates of socially responsible investing have long asserted: Companies with links to regimes with questionable human rights practices make poor investments, financially as well as ethically. Conducted with Bloomberg […]
